Notice to extend lease requires lessee’s personal signature. Q A notice, served under section 42 of the Leasehold Reform, Housing and Development Act 1993, to take a new (extended) lease…
Steps towards standardisation. Prepared by the London Property Support Lawyers Group and endorsed by the British Property Federation, four sets of suggested pre-contract enquiries pertaining to the sale or leasing…
Borrower receiving money as trustee for lender. A bank grants an unsecured loan to Charlie on the strict understanding that the funds will be used for modernising his factory and…
Put options equated with call options for formality purposes. Q As regards the formalities prescribed by section 2 of the Law of Property (Miscellaneous Provisions) Act 1989, we are aware…
Landlords who covenant to provide the services of a resident caretaker should be aware that express provision should be made if they wish to include in the service charge a…
A delicate balancing act. Most practitioners are aware that when it comes to agreeing a tenant’s covenant against alterations the landlord has to weigh the benefits of retaining control against…
Liability of alleged accessory to breach. Q On the facts used to illustrate PP 2002/191, in what circumstances, according to Twinsectra Ltd v Yardley [2002] UKHL 12; [2002] 38 EG…
Consultation overload. Even if you lack the time and resources to respond to all of the government consultation papers presently in circulation, it may pay to look at Time to…
Mediation starts to grow teeth. A litigating party who fails to explore the possibilities of mediation may incur cost penalities at the end of his day in court.
A case of asset stripping?. A vendor is clearly in breach of contract if, before giving up possession, he removes items that ranked as fixtures at the date upon which…
A history of sloppy conveyancing may prompt adjoining owners to get together and agree that such and such a line was the boundary that their predecessors had in mind.
Q I am aware that a tenant’s covenant not to assign etc without the landlord’s consent is subject to a statutory qualification that such consent cannot be unreasonably withheld, and…