Land owner's liability insurance... just the land.
Posted: May 10th, 2021, 5:48 pm
Sposin'... the village hall about which I posted a while ago... the current situation is that a local land owner owns the land and the Parish Council leases the land and owns maintains and operates the hall including renting it out to a number of local groups.... Girl Guides, school playgroup and such.
Does the land owner have any potential liability that should be insured? I expect the terms of the lease shuffle any liability onto the Parish Council, so perhaps its contingent liability I'm thinking of here.
I ask because I'm still pondering the merits and pitfalls of trying to buy the freehold of the land.
Assuming the land owner will sell it to me, that is.
The merit is that I could give the PC security of tenure, which under the current lease they do not have.
Are there pitfalls...?
V8
Does the land owner have any potential liability that should be insured? I expect the terms of the lease shuffle any liability onto the Parish Council, so perhaps its contingent liability I'm thinking of here.
I ask because I'm still pondering the merits and pitfalls of trying to buy the freehold of the land.
Assuming the land owner will sell it to me, that is.
The merit is that I could give the PC security of tenure, which under the current lease they do not have.
Are there pitfalls...?
V8