ChatterBank4 mins ago
Indemnity Clause
6 Answers
Last month my solicitors sent me some forms to fill in re my house sale. I completed them and enclosed some electrical paperwork for rewiring, extra sockets and light switches I had done around 10 years ago. I stupidly posted these 1st class a month ago. They haven't been delivered and needless to say I can kick myself for not taking copies or sending them registered post.
The sols mentioned something about an indemnity clause or something like that. I know it's some sort of contract but how long does cover for and will there be a charge for it?
The sols mentioned something about an indemnity clause or something like that. I know it's some sort of contract but how long does cover for and will there be a charge for it?
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.Possibly... Indemnity Insurance.
Often used these days when something crops up in a house sale which leaves a door open to some possible irregularity.
The irregularity is usually almost negligible, but lawyers today are extra cautious.
Often a one-off payment . Sometimes £200 or a bit more. Often only £100
Often used these days when something crops up in a house sale which leaves a door open to some possible irregularity.
The irregularity is usually almost negligible, but lawyers today are extra cautious.
Often a one-off payment . Sometimes £200 or a bit more. Often only £100