White paper: Legal indemnities insurance

Whether looking to purchase a property or buy land for development, adverse legal and planning issues can have a profound effect, with serious ramifications for asset value, letting and development potential and your ability to use it as security to raise finance.

All manner of legal issues can arise ranging from lost title documents and the existence of restrictive covenants through to a requirement to contribute to the repair of the chancel of the local church. Planning problems can also present challenges, with developers running up against the risk of judicial review of planning decisions arising out of objections from third parties who may be affected by their building works.

All manner of legal issues can arise ranging from lost title documents and the existence of restrictive covenants through to a requirement to contribute to the repair of the chancel of the local church. Planning problems can also present challenges, with developers running up against the risk of judicial review of planning decisions arising out of objections from third parties who may be affected by their building works.

This paper covers the key issues and latest developments relevant to legal indemnities insurance, including common forms of cover and insurance opportunities.

Topics covered:

- Growing problems.

- Insurance solution.

- Common forms of cover.

- Legal evolution.

- Legal indemnities insurance opportunities.