FAQs - General
FAQs - Costs and Valuation
FAQs - Mortgage and eligibility
FAQs - Exercising the option
FAQs - Obligations for each party
Obligations for each party FAQs
As the holder of a Cenoption, what are my obligations?
You should refer to your Cenoption contract for a full list of your obligations, but in general terms you are required to keep the property in a good condition, make any stage payments due if stage payment method has been selected, maintain any required insurances (especially buildings insurance) and not to make any structural alterations to the property without having first obtained written consent from Centrila, who will normally consent to these as long as they do not detract from the property's value.
Additional information
We try to make the information as wide-ranging as possible.
For more information on the obligations of either party, please speak to your Broker.
