Commercial Landlord Legal Expenses

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Commercial Landlord LEI (Professional Fees)

 

 

The policy is designed to cover the cost of professional fees charged by a claims handler, or solicitor following a specific occurrence, provided that cover for that occurrence is detailed within the policy wording and is not specifically excluded within the policy schedule issued:

We will negotiate for your legal rights:


• After an incident of physical damage to your property in trying to get possession of your property that you have let under a Tenancy Agreement. Note : You must be trying to get possession under the relevant Housing Act or Housing (Scotland) Act.
• To evict anyone (including squatters) in your property who has not got your permission to be there.
• To recover any rent your tenant owes you for your property
• To defend your legal rights if an incident arising from you letting your property leads to you being prosecuted in a criminal court.
• Up to £50 per day (up to the policy limit of cover) where you are trying to get a possession order for your property so you can live in it and no alternative accommodation is available to you.
• Any rent 2 months or more outstanding that your tenant owes you up to vacant possession of your property (Note: 3 months in Scotland).

 

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