| |
PROPERTY NEWS
-
Collecting rent can be a nuisance!
- Can a managing agent be treated as an owner of the property by collecting rent and therefore be liable for statutory breaches?
-
Danger of escalating nominal ground rent on long leases
- These days many people buy 'virtual freehold' 999 year leases. The ground rents are often very nominal and nobody cares too much if they double every 25 or 30 years.
-
Have you served the right Section 17 notice?
- The Landlord and Tenant (Covenants) Act 1995 (Notices) Regulations 1995 prescribe two different forms of notice. Managing Agents have been known to use the incorrect form, which will be of no effect.
-
How does the Competition Act 1998 affect your property?
- The Competition Act 1998 prohibits both anti-competitive agreements and, quite separately, the abuse of a dominant commercial position. If the Act is breached the Office of Fair Trading has the power to impose a fine.
- I want my premises back!
- What can you do if your tenant doesn't leave at the end of his lease?
-
Landlord and Tenant
- A company acquires an investment property where the Tenant has inadvertently granted a sub-lease for a term equaling or exceeding its own lease term perhaps only by 3 days.
-
Short-term leases and service charge recovery
- A rather disturbing recent decision is the case of Scottish Mutual Assurance v. Jardine.
-
Tenant bluff fails...but Court of Appeal turns it around
- In the case of Sun Life Assurance plc v. Racal Tracs Limited, the tenant served a notice under Section 26 of the Landlord and Tenant Act 1954 requesting a new tenancy but had no intention of renewing its lease.
- The alterations trap
- The lease contains an absolute prohibition on alterations. Can the tenant carry out any alterations?
-
Will the taxman clean up your contaminated building
- For some time it has been understood that the cost of cleaning up contaminated land qualified for Contaminated Land Tax Relief. Is this tax break available to buildings which are, for example, contaminated with asbestos?
-
Your tenants also have human rights!
- The Human Rights Act 1998 came into force on 2nd October 2000. The Act will now be incorporated into all aspects of UK domestic law. This will include the legal relationship between landlord and tenant.
This information is correct to the best of our knowledge and belief
at the time of going to press. It is, however, written as a general
guide, so we recommend that specific professional advice is sought
before any action is taken.
TO TOP |