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Q&As
Stamp duty land tax (SDLT) applies to chargeable land transactions. Subject to some exceptions, the amount of SDLT payable is generally based on the chargeable consideration for the land transaction, which includes money and money’s worth and also other means by which value is given. The SDLT charge is calculated by reference to the market value of the land in certain circumstances but these do not apply where the purchaser is an individual.
Q&As
No, the tenant must wait until being the registered proprietor of the lease to be able to be a participating tenant who can give a section 13 notice under the Leasehold Reform, Housing and Urban Development Act 1993 (LRHUDA 1993). It is only on registration that the tenant becomes the legal owner of the lease—section
NEWS
Arbitration Analysis: The Singapore High Court has, for the first time, set out clear guidance in a binding decision on how to determine the valuation date for damages in cryptocurrency disputes. In World Exchange Services, the court confirmed that losses should be valued at the point when a claimant could reasonably have been expected to take steps to reduce those losses. Depending on the circumstances, this may be the breach date or a reasonable period afterward. This provides welcome clarity for both platform operators and users, especially as disputes involving digital assets continue to grow. The decision also highlights how platform communications during service disruptions are important and can influence when users are expected to act to protect their interests. Written by Daniel Chia and Charlene Wee of Herbert Smith Freehills Kramer Prolegis.
NEWS
Construction analysis: The Employer’s power to instruct, under the Joint Contracts Tribunals (JCT) forms of contract, is often taken for granted. However, there may be more to this subject than first appears. In this article, James Ladner, legal director, and Fiona Fingland, associate, at Pinsent Masons, consider the basis for and scope of the Employer’s power to instruct under the JCT Design and Build Contract, the limitations of the power to instruct, and the consequences of the parties’ failures to deal with instructions in accordance with the terms of the contract.
PRACTICE NOTES
This Practice Note provides an overview of the commercial arbitration process, while recognising that there is, generally speaking, no set framework for, or structure to, arbitration proceedings. Indeed, the ability of parties to influence meaningfully the way in which their disputes are resolved is often cited as one of the reasons why arbitration may be preferable over, for example, litigating before national courts. For a general introduction to arbitration as a method dispute resolution and the practice of arbitration, see Practice Notes: Arbitration—an introduction to the key features of arbitration and Arbitration—new starter guide. For guidance on the often crucial role played by in-house counsel in relation to arbitration, see Practice Note: The role of in-house counsel in international arbitration. No defined structure for the arbitration process The litigation process typically follows a settled pattern contained in a procedural code or equivalent. The English and Welsh Civil Procedure Rules (or CPR), and their related practice directions, provide an example of such an approach—see Practice Note: Overview of the litigation process in England and Wales. Arbitration
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Law360, Expert analysis: We recently saw an eyebrow-raising decision on LEG 3 (a defects exclusion or write-back developed by the London Engineering Group) under a construction all risks, or CAR, policy coming out of the US, the second in only three months. Written by Jonathan Bruce, partner and deputy head of the global insurance and reinsurance group, at Holman Fenwick Willan LLP.
NEWS
Dispute Resolution analysis: Master Rowley ruled that where a practising solicitor represented themselves, there was no distinction in principle between a solicitor in practice on their own account or one in partnership or as a consultant. Therefore, applying the Chorley principle, a solicitor representing himself could charge a reasonable professional rate for his time. Such a rate would not require a forensic exercise to establish the cost base of the solicitor; it would simply be a case of establishing a reasonable professional rate for the work undertaken. CPR 46.5(6)(b) was aimed at exempting lawyers of various descriptions from being a litigant in person and it would be a non-practising solicitor that might be the type of litigant in person envisaged. Written by Nicholas Lee, costs lawyer and managing director at Paragon Costs Solutions.
Q&As
Copyhold was a form of tenure, sitting alongside freehold and leasehold tenure, which was abolished by section 128 of the Law of Property Act 1922. Copyhold existed subject to certain manorial rights over the land which were held by the lord of the manor. On 1 January 1926, any copyhold land that had not already been converted into freehold land by way of voluntary enfranchisement under various Copyhold Acts (including the Copyhold Act 1852 (CA 1852) was compulsorily enfranchised so as to become freehold land. However, certain manorial rights were preserved, in particular the right to minerals in, on or under the land. The Copyhold Acts allowed for tenants to demand enfranchisement by deed with
Q&As
In Street v Mountford, Lord Templeman observed that: 'There can be no tenancy unless the occupier enjoys exclusive possession; but an occupier who enjoys exclusive possession is not necessarily a tenant’. He then went on to identify several categories of person who cannot be a ‘tenant’, including a ‘service occupier’ (or ‘service occupant’). A service occupier is an employee who occupies their employer's premises in order to perform their duties as an employee. In those circumstances, the possession and occupation of the employee is treated as the possession and occupation of the employer and the relationship of landlord and tenant is not created (see Mayhew v Suttle (1854) 4 EI & BI 347 (not
Q&As
Save for in certain circumstances set out below, the assured shorthold tenancy (AST) will come to an end upon the death of the tenant (see Commentary: Security of tenure: Hill and Redman's Law of Landlord and Tenant [24]), but the tenancy itself will continue to subsist. As it is not an estate in land, no interest vests in the personal representatives of the deceased tenant, but the rights under the tenancy continue to subsist. In order to obtain possession therefore it is necessary to terminate the tenancy by serving a notice to quit upon the personal representatives. To avoid any possible claim thereafter, landlords often seek and obtain a possession order in any event to
Q&As
It is assumed that the only payments made since 1945 have been the payments due under the new rentcharge which itself ceased being paid in around 1990. It is also assumed that the right of the owner of the 1882 rentcharge was not acknowledged before the end of the 12 years period after 1945 and at intervals thereafter. A rentcharge is an annuity secured on some specified land. The circumstances in which they can be created is now restricted by statute and most will be abolished in due course, but they do remain of some importance. The Rentcharges Act 1977 provides
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The formula for when a landlord will be able use the mandatory ground for rent arrears in Ground 8, Schedule 2 to the Housing Act 1988 (HA 1988) covers the usual range of intervals at which rent is commonly made payable in short residential tenancies. In the present case, where the rent is payable monthly, Ground 8 applies if at least two months’ rent is lawfully due both at the date of service of the section 8 notice and at the date of the court