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Saved by uncleflo on June 27th, 2017.
A website with legal information on business, investment, and other information, with truly expert level information. I am buying a home and in the valuation report under the leasehold section it states that the lease is 'peppercorn' what does this mean? R T Monkseaton, Tyne and Wear. A spokesperson from solicitors Fieldings Porter says: It is likely to be a very old lease. Peppercorns were used in place of ground rent.
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