Under English Law, almost all flats are sold on a Leasehold basis and houses, in most cases, will be Freehold. The legal side of buying a property can be confusing and full of jargon. This even applies to the most important document which sets out all the terms of your ownership of your new flat [...]
Posts Tagged ‘lease’
November 1st, 2011
Residential Service Charges
There have been recent cases which emphasise the importance of ensuring that the terms of the lease are properly considered in relation to service charge collection and that statutory requirements are met. The Upper Tribunal has also made interesting observations on apportionment of service charges within a lease. 1. A clause provided for management to [...]
October 5th, 2011
A New Business – Tenant’s Guide to Leasing Commercial Property
At this stage, your business concept is already complete, any company formed (if applicable) and you now need to secure a property from which to trade. Although each particular transaction will differ according to its own facts, here is a brief guide. Heads of Terms After finding suitable property, you will need to negotiate the [...]
lheasman 
Posted in Uncategorized 
Tags: assignment of lease, business lease, business tenants, conveyancing, due diligence, heads of terms, landlord, lease, property, rental agreement, security of tenure, tenants 
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