The following Environment practice note provides comprehensive and up to date legal information covering:
The Law Society first issued its practice note on flood risk on 23 May 2013 due to the increasing risk properties face from flooding and the knock on effects it can have in obtaining a mortgage, insurance cover and in selling the property. The practice note was updated:
on 18 December 2014 to address changes proposed to the Flood Re insurance scheme, and refer to new flood maps published by the Environment Agency (EA), see News Analysis: Updated Law Society practice note on flood risk, and
on 10 February 2016 in preparation for the Flood Re insurance scheme commencing in April 2016, and to account for insurance changes to the CML handbook
on 31 January 2020 as a result of increasing concern about flood risk for property owners as a result of climate change
As solicitors are not qualified to give advice on flood risk or interpret technical flood reports, the practice note aims to provide solicitors with information to help clients investigate these matters.
The practice note is not legal advice and is not intended to be the only standard of good practice that solicitors can follow. Although solicitors are not required to follow the guidance, it is advisable to do so.
The practice note highlights some statistics on flood risk, including the EA's estimate
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Breach of statutory dutyThis Practice Note considers claims for damages for breach of statutory duty. For guidance on claims for damages for a negligent breach of duty of care outside a statutory duty, see Practice Notes:•Negligence—when does a duty of care arise?•Negligence—when is the duty of care
Form of transfer of sharesThere are a number of circumstances in which shares in a company may be transferred, eg upon a sale of the shares, through the transmission of the shares by operation of law (eg upon the death or bankruptcy of a shareholder), by gift or upon the enforcement of a charge. For
Arms length management organisations (ALMOs)An arms length management organisation (ALMO) is a not-for-profit company that provides housing services on behalf of a local housing authority (LHA). Usually an ALMO is set up by the LHA to manage and improve all or part of its housing stock with the LHA
Public inquiry procedureThe procedure by which a public inquiry is conducted will vary significantly from one inquiry to the next. Even for inquiries established under the Inquiries Act 2005 (IA 2005), the associated inquiry rules are not particularly prescriptive as to how they ought to be
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