Oct 11
3
Legal & General Property has amended its standard lease format to include ‘green’ clauses.
The U.K.-based property fund manager has issued a memorandum of green lease principles – including clauses relating to the use of environmental contractors and upholding energy performance certificates – that will now be considered whenever it drafts a standard lease.
Additional conditions set out …
Tags: contractors, environment, green lease, leases, lender, mortgage
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Posted in Finances Mortgage News Real Estate by Tomas