J106402 RS All you need to know - The Bishops Avenue AW (4) - Flipbook - Page 17
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About the lease
All apartments are sold on a 150-year lease (or the time left on the lease for resales).
The lease is a legal document that clearly sets out the responsibilities of Riverstone,
as landlord, and you, as the property owner.
Riverstone sells its apartments on leases because we want to maintain a high standard
of services and protect the quality and safety of the estate and environment for the
bene昀椀t of current residents and to maximise the potential value of future resales.
We strongly recommend that you ask your solicitor for advice about the terms of the
lease. It is very important they explain your responsibilities as the tenant under the lease.
Please ask our client advisors for a copy of the Lease Summary for more information.