When does the Right of First Refusal apply and what are the benefits?

When does the Right of First Refusal apply and what are the benefits?
​ Part 1 of the Landlord and Tenant Act 1987 (LTA 1987) gives certain residential tenants a right of first refusal where the landlord is proposing to dispose of the freehold. Where the LTA 1987 is applicable, there is a prohibition on the freeholder making any disposal unless: i.the landlord has first served formal offer notices on the "qualifying ...
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60 Hits

Practical Completion in Construction Contracts and their affect on Agreements for Lease

Practical Completion in Construction Contracts and their affect on Agreements for Lease
Practical completion is generally the point at which an 'expert' will confirm that a building project is complete, except for minor defects that can be put right without undue interference to an occupier. An Agreement for Lease will rely on this date and problems often arise when deadlines are not met or the level of acceptable 'minor defects' is d...
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  103 Hits
103 Hits

Long leasehold disputes - Alterations in residential properties

Long leasehold disputes - Alterations in residential properties
When you lease out your property you give day to day control to your tenant. However, sometimes a tenant can alter or use the property in a way that wasn't agreed. So, as a freeholder, what would do you do about unauthorised alterations in residential property that has been let on a long lease? Long leaseholds are normally for 99 or 125 years, alth...
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  132 Hits
132 Hits

Business and Property Courts - Pilot Disclosure Scheme

Business and Property Courts - Pilot Disclosure Scheme
On 1 January 2019 a new disclosure regime was launched for  any matters in the Business and Property Courts. This is set out in CPR51(u) and aims to bring the process up-to-date and encourage greater efficiency. The primary CPR Rule dealing with disclosure is CPR31. This applies to all multi-track cases apart from personal injur...
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  343 Hits
343 Hits

Rights Of Light And Development Of Land

Rights Of Light And Development Of Land
A right of light is the ability to enjoy the natural light that passes over land belonging to another, such as a neighbouring property, through the windows, sky lights and glass roofs in or on a property - often referred to as apertures. There is no automatic right to light but, if established, this right entitles a person to receive sufficient nat...
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  1573 Hits
1573 Hits

Forfeiture of a Commercial Lease – Is It Right For Me?

Forfeiture of a Commercial Lease – Is It Right For Me?
If a tenant breaches the conditions of a commercial lease the landlord is entitled to take legal action against the tenant if the lease permits. Forfeiture is the ultimate remedy available – but which way? Peaceable re-entry or Court proceeding? ​Forfeiture meaning - What is forfeiture of a lease? Forfeiture is essentially the legal remedy whe...
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  1494 Hits
1494 Hits

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