What is a headline rent?In a falling market, landlords frequently offer tenants financial inducements to take a lease in order to maintain the level...
The rule against derogation from grant applies in addition to any obligation of quiet enjoyment. It is not excluded by an express covenant for quiet...
A deed (such as a TR1) is valid and binding if the essential ingredients of execution as a deed, attestation and delivery as a deed are all present:...
Ownership, leasing or any other permitted use of land normally requires access to it to obtain the benefit of the land. The public are allowed to use...
What is merger?A lease terminates as a result of merger when both the lease and the reversion of that lease become vested in the same person—see Rye v...
No suspension impliedA suspension of rent is not implied even where the tenant pays the cost of insurance. The tenant remains liable for the rent even...
Is the agreement a grazing licence or farm business tenancy?What is a grazing licence?A grazing licence is an agreement under which a landowner allows...
Defects in design, faulty installation or the use of inappropriate or inadequate materials when building a property can lead to significant problems...
Energy Savings Opportunity Scheme (ESOS)—issues in corporate (private M&A) transactionsBrexit impact11 pm (GMT) on 31 December 2020 marked the end of...
VAT TOGC clause—property sale contractIP COMPLETION DAY: The Brexit transition period ended at 11pm on 31 December 2020. At this time (referred to in...
Selling or licensing a databaseThis is the effect of regulation 23 of the Copyright and Rights in Databases Regulations 1997 (CRD 1997). CRD 1997 were...
Warranties and indemnities—asset purchaseAn asset purchase agreement will typically include warranties and indemnities given by a seller in favour of...
Due diligence—share and asset purchasesThis Practice Note provides an overview of the purpose, nature and scope of the due diligence process that is...
Environmental due diligence—share purchaseThe purpose of environmental due diligenceFor general information on share purchase, see Practice Notes: Due...
Environmental issues when selling a company or businessWhy do environmental issues need to be considered at the outset of a corporate transaction?It...
Environmental due diligence—asset purchaseThe purpose of environmental due diligenceThe purpose of environmental due diligence is to:•assess the risk...
Freehold property due diligence report template for use in corporate transactionsSchedule [insert schedule number]1PropertyThe Property is freehold....
Can an indemnity be provided by email exchange or does it need to be signed as a deed?In contrast to a guarantee, an indemnity is a primary obligation...
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