Property buyers obligations
When properties are sold
Maple 251’s written consent to the transfer of
ownership and membership is required. If you purchase an
apartment or house in the Cathedral Walk
Development, Darwin Park, Lichfield you will be asked to sign a Deed
of Covenant commiting you
to observe and perform the covenants contained in your lease or
contract. In return the Secretary of Maple 251 will issue a
consent to transfer of the property from the
existing owner(s) and your admission as a member of Maple (251)
Limited . There is a £75 administration
charge for dealing with the Deed of Covenant, New Member admission
and issue of the Transfer Consent Certificate. In addition new owners
are required to make a £25 contribuion to the Maple 251 Emergency
Reserve Fund.
PLEASE
NOTE:
IF
YOU DO NOT OBTAIN MAPLE 251 CONSENT TO YOUR ADMISSION AS A MEMBER AND
TRANSFER OF TITLE FOR THE PROPERTY YOU HAVE PURCHASED YOU WILL FORFEIT
RIGHTS OF ACCESS ACROSS THE COMMUNAL LAND TO YOUR PROPERTY.
IF YOU ARE UNABLE TO PROVIDE EVIDENCE OF THE CONSENT TO THE TRANSFER THE LAND REGISTRY WILL NOT REGISTER THE TRANSFER OF TITLE.
Full
details relating to Maple 251 Transfer Requirements may be downloaded
from the documents links.
PDF copies of the templates used the appropriate Deed of Covenant to be prepared by your solicitor and signed by you may be viewed and downloaded from the following links:
Please note also if you are purchasing an apartment your solicitor will also need to contact Cathedral Walk (RTM) Management Company Ltd (the management company responsible for the servicing and maintenance of the apartment blocks) to comply with their transfer arrangments.