A land charge is an obligation imposed on the owner of a property. This means that the owner is required to perform certain services related to property ownership.
A land charge is an obligation imposed on the owner of a property. This means that the owner is required to perform certain services related to property ownership. For example, the owner may be required to maintain a hedge or pay for road maintenance. It is contrary to the easement which is more of tolerance or abstention.
Land charges are recorded in the land register. Some of them can be consulted by requesting an extract from the Land Register. What are the different types of land charges? There are different types of land charges in Switzerland: - The real land charge; - The personal land charge; - The public law land charge; - The private law land charge.
A land charge can be extinguished by removing it from the land register or when the property is lost. It is also possible to redeem a land charge at the amount indicated in the land register, which will cause it to be extinguished.
Yes, it is possible in certain cases to modify a land charge. It is then imperative to note it in the land register, in the same way as when it was registered.
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