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Q&As
Mines and minerals are properly the subject of an exception, not a reservation, as the minerals are part of (and so ‘excepted from’) the land being conveyed. If excepted, the minerals are not conveyed. The exception of minerals, which is of no advantage unless a right to work them is added, necessarily implies the existence of a power to recover the minerals and of the right of working. However, certain rights may not be included. In particular, clear words must be used where a right to break open the surface is required
Q&As
When selling a freehold property, sellers may wish to create positive covenants for future owners to perform. Problems may arise with the enforcement of positive covenants against successors. Covenants in leases bind the original tenant and their successors in title but positive covenants in freehold sales do not. An estate rentcharge may be used as one of the ways to protect and enforce covenants on freehold property. Section 1 of the Rentcharges Act 1977 (RA 1977) defines a rentcharge as ‘any annual or other periodic sum charged on or issuing out of land except (a) rent reserved by a lease
Q&As
In the circumstances of this query, an energy performance certificate (EPC) will be required. It is assumed that the property does not fall within any of the exemptions in the Energy Performance of Buildings (England and Wales) Regulations 2012 (EPC Regs 2012), SI 2012/3118,
Q&As
The right of first refusal is provided by Part I of the Landlord and Tenant Act 1987 (LTA 1987) as amended by the Housing Act 1996. Essentially, in certain circumstances, qualifying tenants have the right of first refusal to purchase the freehold of a property when their landlord proposes to make a disposal affecting the whole or part of the premises. The right of first refusal applies where premises: • consist of the whole or part of a building • contain two or more flats held by qualifying tenants, and • the number of flats held by qualifying tenants exceeds
Q&As
Part I of the Landlord and Tenant Act 1987 (LTA 1987) gives qualifying tenants of flats a right of first refusal enabling them to purchase the interest of their landlord if and when the landlord proposes to dispose of it. The right is framed in negative terms, prohibiting the landlord from making a relevant disposal without first serving a notice under LTA 1987, s 5 (commonly referred to as a ‘section 5 notice’) on the qualifying tenants and requiring that the disposal is made in accordance with the statutory requirements. Vesting of the bankruptcy estate in the trustee in bankruptcy under section 306 of the Insolvency Act 1986 In
Q&As
A rent authority letter is a letter which informs lessees that the freehold owner has changed, specifically to inform the lessees that the rent must be paid to the new freeholder. When certain lessees within a block purchase the freehold of a building they will typically form a company of which each of the enfranchising lessees becomes a director. The leases still exist, and there will
Q&As
Under section 1(1)(2) of the Landlord and Tenant Act 1987 (LTA 1987) (where relevant to this Q&A): ‘…(1) A landlord shall not make a relevant disposal affecting any premises to which at the time of the disposal this Part applies unless— (a) he has in accordance with section 5 previously served a notice under that section with respect to the disposal on the qualifying tenants of the flats contained in those premises (being a notice by virtue of which rights of first refusal are conferred on those tenants); and ……. (2) Subject to subsections (3) and (4), this Part applies to premises
Q&As
We cannot give legal advice, nor comment on commercial issues such as the structuring of a particular transaction. A concurrent lease is a lease that: • demises premises that consist of (or include) premises that are already let to at least one other tenant, and • grants a term that runs at the same time as the term(s) of the existing lease(s) (ie,
Q&As
In order to serve a valid notice pursuant to section 21 of the Housing Act 1988 (HA 1988), a landlord must comply with various pre-conditions. One of these pre-conditions is a requirement to have served a valid gas safety certificate on the tenant pursuant to the Gas Safety (Installation and Use) Regulations 1998, SI 1998/2451, reg 36(6) or (7). Ideally, this
Q&As
Part II of the Insolvent Partnership Order 1994 (IPO 1994), SI 1994/2421 as amended by the Insolvent Partnership (Amendment) (No 2) Order 2002, SI 2002/2708 applies the provisions of Part I of the Insolvency Act 1986 on company voluntary arrangements to insolvent partnerships by means of a PV. For information on voluntary arrangements in the context of general partnerships, see Practice Note: Voluntary arrangement of general partnerships. For
Q&As
Although it will depend on the precise wording of the gift, it could be construed as a charitable gift for the advancement of religion. If so, please refer to Q&As: Can a legacy made in a Will to a charity which no longer exists go to a different charity which has resumed their work? If so, do I need to apply to the Charity Commission and apply the cy-près doctrine to do this? and How should a
Q&As
In answering this Q&A, we have assumed that when the testator executed the Will, he and his wife owned a property as tenants in common. Gift of share of property Testamentary provisions dealing with a couple's residence will normally be conditioned by their wish that the survivor should be able to go on living there and should be able subsequently to change the residence for another (particularly for a smaller one) if he or she desires. The simplest, and probably the best, way of achieving the aim is for the surviving spouse/civil partner to become the owner, absolutely or as life tenant, of the whole residence.