Commercial conveyancing

Charities and Part 1 of the Landlord & Tenant Act 1927

October 21, 2012

Raymond Cooper is a Consultant Property Lawyer Proposition: Whilst charities occupying premises are clearly protected by Part II of the Landlord & Tenant Act 1954, there must be a question mark over whether Part I of the 1927 Act applies. There is no doubt that charities occupying functional premises are protected by Part II of [...]

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Index Linked Rent Reviews

September 24, 2012

Proposition: It is not safe to grant leases under which the rent is reviewed at intervals solely by reference to the Retail Prices Index (or the Consumer Prices Index).

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The Leasehold Reform Act 1967 and Commercial Buildings

September 19, 2012

Raymond Cooper is a Consultant Property Lawyer. Buyers of some commercial buildings should be aware that, although a building may be let for purely commercial use, the tenant may be entitled to acquire the freehold by enfranchisement under the Leasehold Reform Act 1967.

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Charities and Authorised Guarantee Agreements (AGAs)

July 4, 2012

Raymond Cooper is a Consultant Property Lawyer Proposition: Tenants who are charities are unlikely to have power to enter into AGAs on the assignment of their leases, and trustees who do enter into AGAs could, if an assignee fails, incur personal liability.

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CPSE standard enquiries not fit for purpose ?

April 30, 2012

Pre contract enquiries are part of the method of investigation of commercial property transactions. These enquiries can be acquired in various ways including purchasing the freehold, leasehold or mortgage supplier. Usually, buyers of property raise pre contractual investigations as sellers rely on these investigations. Currently, the Commercial Property Standard Enquiries (CPSE) is the standard in [...]

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