Looking for advice:
House deeds say restrictive covenants have a perpetuity period of 45 years or until the the developer no longer has a legal interest in the estate. What does the latter mean? I have tried to contact the developer to request permission to build a conservatory as per deeds but noone seems interested. I know i could build and seek indemnity etc but what i want to know is what does the term ‘legal interest in the estate’ actually mean?
House deeds say restrictive covenants have a perpetuity period of 45 years or until the the developer no longer has a legal interest in the estate. What does the latter mean? I have tried to contact the developer to request permission to build a conservatory as per deeds but noone seems interested. I know i could build and seek indemnity etc but what i want to know is what does the term ‘legal interest in the estate’ actually mean?
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