Recent delays at the Land Registry in processing applications have posed a tricky question for lenders financing the acquisition of registered real property: on enforcement of an unregistered legal mortgage against an unregistered proprietor, would a lender be able to exercise its power of sale in relation to the legal title?
The recent County Court case of Gareth Powell and Chloe Thomas once again highlights the importance of cohabiting couples formally documenting their financial arrangements in the event of a separation.
For a variety of reasons, including repair and redevelopment, landlords commonly carry out works to buildings whilst there are tenants in occupation.
Hot on the heels of the snappily named Protocol for Applications for Consent to Assign or Sublet (The Alienation Protocol), a group comprising several eminent QCs and solicitors have developed the similarly concise Protocol for Applications for Consent to Carry Out Alterations (the Alterations Protocol).
Last Wednesday evening, the Planning team welcomed James Maurici QC and Sasha Blackmore of Landmark Chambers, together with 40 external guests, at a seminar to discuss a series of recent cases on the interpretation of planning conditions.
The recent Court of Appeal case of Cocking v Waring, which centres around a dog's tenacious barking, has highlighted a key difference between entering into a lease verses a licence to occupy.
Property programmes are a staple of the television schedules in England and Wales and can often be used as a barometer of the residential property market.
ParkingEye, in contrast, raised the issue of penalty clauses at a consumer level. ParkingEye managed a car park at a retail park offering free parking for stays of 2 hours or less with a fixed fee of £85 for parking in excess of that timeframe.
In short, a LADs clause provides that the contractor will pay damages to the employer if there is delay for which the contractor is culpable. The figure should be a genuine valuation of pre-determined loss, assessed at the time that the contract is entered into.
During the 2016 Budget, the Chancellor of the Exchequer, George Osborne announced the abolition of the SDLT slab rates for commercial property in England and Wales at midnight on the 16 March 2016. This follows the introduction of progressive SDLT rates for residential property in December 2014.
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