SCHEDULE 9 Form of Notice Reserving Right to Compensation in Respect of Extinction of Development Value Burden

SCHEDULE 9 Form of Notice Reserving Right to Compensation in Respect of Extinction of Development Value Burden

(introduced by section 33(1))

“Notice Reserving Right to Compensation in Respect of Extinction of Development Value Burden

Superior:
(see note for completion 1)

Description of land (or part) subject to the real burden:
(see note for completion 2)

Terms of real burden:
(see note for completion 3)

Statement that burden reserves development value:
(see note for completion 4)

Title to the superiority:
(see note for completion 5)

Details of feu grant:
(see note for completion 6)

Amount by which consideration reduced:
(see note for completion 7)

Service:
(see note for completion 8)

By this notice I [A B] (superior) reserve the right to claim compensation in respect of the extinction of the development value burden(s) set out in this form.

I swear [or affirm] that the information contained in the notice is, to the best of my knowledge and belief, true.

Signature of superior:
(see note for completion 9)

Signature of notary public:

Date: .”.

Explanatory Note

(This explanation has no legal effect)

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