Circular 147 /10.6.2006 / Garden Site Update

The Land Registry has finally issued the outstanding dealing number for the original transfer of the property from the former management company and this has the potential to allow ALL the 111 garden sites which are paid for to be transferred to individual owners.

A full scheme map has also been finally approved by the Land Registry. The delay in this was in relation to the Cottage area (numbers 84 to 127) where mapping discrepancies had to be rectified.

This means that all legal issues in relation to registration have been effectively sorted by CGM with the support of our solicitors Gleeson McGrath Baldwin. This has been at considerable expense all of which was met by CGM from the cash proceeds of the share issue (not from the annual management fee).

Lodge Gardens

All completed Deed of Transfers for Lodge garden sites will now be lodged with the Land Registry.

Cottage Gardens

Now that the overall Land Registry scheme map has been approved our solicitors, Gleeson McGrath Baldwin, have posted Deeds of Transfer to the 36 cottage garden purchasers to allow their garden site to be transferred. Gleeson McGrath Baldwin Solicitors are offering to complete the registration for owners if they so wish. Cottage garden purchasers should return the completed Deed as soon as possible to allow the garden to be registered in their name. Fees for third party costs and outlays are payable to enable the transfer to be registered.

Management time: Considerable over the last two years.

Clifden Glen Management (2005) Plc
Market House, Churchtown, Mallow, Co Cork

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