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Commercial Property Category

29th July 2021
As a Land Owner you may presume that you own not only the surface of your land, but also everything ‘right up to the heavens and down to the centre of the earth’ (or if you want the Latin term to impress at your next pub quiz night ‘Cujus est solum, eius est usque ad coelum et ad inferos’). Generally speaking, in modern legal terms…
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10th July 2021
If you take a lease of commercial premises it will usually be a ”FRI”, or full repairing and insuring lease. It surprises many people to learn that a tenant entering into a FRI lease takes on complete responsibility for repairs, even though the tenant was not responsible for the disrepair, or the disrepair already existed when the lease was granted. With this in mind, tenants…
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18th December 2020
Landlords of domestic private rented properties are undoubtedly au fait with the requirements to have a valid Energy Performance Certificates (EPCs) confirming the Energy Efficiency Rating of their properties. They will recognise that under the Minimum Energy Efficiency Standards (MEES) Regulations they are required to ensure that their domestic private rented properties meet those standards as set out (subject to some limited exemptions). It may,…
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24th April 2020
Since the introduction of the Government’s ‘Stay at home, stay safe’ policy to tackle the Covid-19 pandemic, those of us who are able to work from home have done so. However, not everyone has this option, and many businesses have been forced to close, while others are suffering from the immediate financial damage caused by the loss of trade, the enforced change in our spending…
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24th February 2020
One of the things that we get asked as Real Estate Solicitors is to help our Landlord Clients get Tenants into occupation of their commercial premises within a matter of days.   Even the best of us will have trouble settling a Lease in a few days, so often the idea is mooted to put the Tenant in “under Licence” as a short-term measure.   Sometimes, other…
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22nd November 2019
Leases granted after 13 October 2003 for a term of more than seven years are compulsorily registerable with HM Land Registry. As a Landlord you may think that this is purely a Tenant’s problem, however from a Landlord’s perspective it is important that you ensure your Tenant registers their Lease, as failure to do so will have implications for you as well as your Tenant.…
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08th November 2019
When you hear the term “Stamp Duty”, you may automatically think of Stamp Duty Land Tax, the tax you pay on the acquisition of a “land interest”, such as your house. However, this is not the case, and in fact, Stamp Duty and Stamp Duty Land Tax are two different taxes. Stamp Duty is a tax on documents, one of these documents, which is the…
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20th September 2019
Prospective clients looking for a law firm may find the Legal Services Consumer Panel’s Tracker Survey of 2019 interesting reading. The report is based on findings from a YouGov survey of more than 3,500 users of legal services over the last two years and so is a significant sample. The findings, in this time of comparison websites, that ‘shopping around’ is often a bad thing for…
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16th September 2019
Most commercial leases are drafted to benefit landlords, particularly regarding repair, condition and decoration. Often, leases are fully repairing, obliging a tenant to upkeep, repair, and maintain the property without contribution from the landlord. Generally, a lease may oblige the tenant to put and keep the property in good and tenantable repair and condition. Depending on the state of repair of the property when the…
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03rd September 2019
When buying a property, the standard deposit expected on exchange of contracts is 10 per cent of the purchase price. Of course, the nature of a deposit is to show a buyer’s good intentions and allow a seller to rely on the same, as leverage, to ensure their buyer fulfils their obligations under the contract. The deposit therefore acts as adequate security to ensure a…
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