Hodge, Lloyd and Gibson , solicitors

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Hodge, Lloyd and Gibson , solicitors

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        An assignment of a lease is the transfer of the rights laid out in the lease to another party, usually for a consideration (a sum of money).

        Abstract of title is a summary of prior ownership of a property, drawn up by solicitors. Such an abstract may go back several hundred years or just a few months, and was usually drawn up just prior to a sale.

        From the British Records Association "Guidelines 3 - Interpreting Deeds: How To Interpret Deeds - A Simple Guide And Glossary".

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