This is a legal contract document, this will tell you how long your Lease is for, this will tell you your dos and dont's, can and cant's and your responsibilities and ours.
Make sure your Solicitor goes through this with you properly as you will be tied in to this. Included in the Lease document will be a property plan. Your responsible area will be outlined in red and known as the demised area. The Greater demise is marked in blue, this is the communal area where any repairs or maintenance will be apportioned accordingly.
You must ensure this document is fully consulted at the point of sale with your Solicitor.