The following Property Q&A Produced in partnership with Helen Galley of XXIV Old Buildings provides comprehensive and up to date legal information covering:
Part I of the Landlord and Tenant Act 1987 (LTA 1987) applies to premises which consist of the whole or part of a building, which is to be assumed is the case here, which contain two or more flats held by qualifying tenants and the number of flats held by qualifying tenants exceeds 50% of the total number of flats in the premises. In this case, the building comprises two flats both of which are held or will be held on long leases and so will be held by qualifying tenants. As a result, when the second long lease is granted to the second tenant, elements 1 and 2 set out above may be satisfied.
The right of first refusal applies to a disposal affecting any premises to which LTA 1987 applies. There is little doubt that the sale of the freehold to a
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Statutory declaration of solvencyA company enters voluntary liquidation when the members of the company vote to do so by a special resolution. For more information, see Practice Note: What is a members' voluntary liquidation (MVL) and where/when is it typically used?Before the members can vote on a
This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of insurance and the possible consequences of carrying on activities relating to a contract of insurance without the requisite regulatory permissionsThe
Broadly, the doctrine of overreaching enables purchasers (which includes tenants and mortgagees) in good faith for money or money’s worth to rely solely on the legal title. In the case of registered land, this means the entries entered on the register of title, as it records ownership of the legal
Source of the doctrine of the separation of powersThe origins of the doctrine are often traced to John Locke’s Second Treatise of Government (1689), in which he identified the 'executive' and 'legislative' powers as needing to be separate.‘… it may be too great a temptation to human frailty, apt to
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