Who is an a Owner when it comes to Party Wall matters? It isn’t just the freeholder.
If you own or have entered into a contract to purchase the freehold or leasehold, for more than 1 year, in commercial, residential or industrial property you are considered an 'owner' under the of the Party Wall Etc Act 1996.
An owner can be a physical person or a legal entity such as a company or partnership.
A lender is not an owner.
Owners can serve and are entitled to receive Party Wall Notices.
If you wish to verify your status in relation to a Party Wall call us for FREE NO OBLIGATIONS ADVICE on 077300 18236 or email firstname.lastname@example.org
Why risk it?
Karmjit Grewal MFPWS
Coburns Party Wall
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