Category: Condition & Repairs
These are potent clauses in leases for commercial properties, which most people don’t fully realise. And although designed to sting and hurt a tenant, a landlord can still catch a cold with them as well.
Of course, there is usually a repairing clause in such leases where the tenant has to keep the property in good condition. And if they don’t, then there can be talk of say a landlord serving a Schedule of Dilapidations on the tenant to force these or receive monies for not doing them.
But then another type of clause emerged in the nineties after the court case of Jervis v Harris in 1996, hence the phrase ‘Jervis v Harris’ clause.
The Basic Procedure
Such clauses allow the landlord to do four things:
1. Enter the Property to Inspect...
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Category: Condition & Repairs
Just the mention of the ‘D’ word can send shudders down a tenant’s or landlord’s spine. If can appear all theoretical until you realise just how severe it can affect property interests and your purse – that’s the dreaded ‘dilapidations’ liability.
In short, this is a list of alleged breaches of the lease to do with keeping the property in repair. It’s therefore often issued by a landlord on a tenant wanting them to ensure that the building is in ship-shape either when they leave at the end of the lease, or during the main lease term.
This tends to affect commercial property more where you’re dealing with bigger repair issues, costs and tenancies, where the nature is that a tenant must keep things well maintained during the lease, but it...
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Category: Rent Monies
This has not only hit the headlines of the property press and publications, but also at national and public level. The reality of large retailers like Debenhams and House of Fraser potentially going under has hit home hard.
It’s actually brought the reality of property and landlords more to light. Most people will assume that such occupiers own their property rather than have to let it from a commercial landlord, never mind realise the large rental figures at hand.
Quite rightly this is all coming to light for people to realise. However, it can come across as confusing and scary if people think this is now going to automatically affect everyone to some degree.
The Four CVA Basics
Hence, here is our resource on these ‘CVA’ agreements...
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Here are various blog resources related to the rent that is paid at properties, whether you're a landlord receiving, tenant paying, or middle-man managing. Right through from how to correctly charge and collect to how it needs to change over time, this is often the most important factor to managing let properties, and includes simular variations such as licence fees.
Here are various blog resources related to non-rent monies and payments, for example service charges, fees, and other costs and charges. These can be directly charged or hidden away, and are important to know what you may have to pay or might be able to charge another property interest for.
Here are various blog resources related to the insurance of properties, ranging from the main building cover to ancillary ones like contents. Whether it's the premium to pay or the policy to correctly arrange, these help explain what's needed from the perspective of different property interests.
Here are various blog resources related to all the different property interests, from landlords & tenants, to investors & occupiers, to all other third-party interests. These cover general factors to consider for a particular interest, to more detailed issues to resolve for a particular course of action.
Sales & Lettings
Here are various blog resources related to the sales & lettings of a property, and all related transactions. Whether you're involved in these directly yourself, or you're working with other sales/letting agents and interests, these help highlight important property managemnet factors to consider.
Leases & Titles
Here are various blog resources related to all forms of leases, titles, and legal documentation involved with property interests. Whether a straight forward lease agreement or complicated legal documentation, here is help to understand what you're trying to achieve and then practically how to easily do this.
Here are various blog resources related to all the taxes involved with property interests, from VAT and SDLT, to income and capital gains, to rates and council tax. These will help you work alongside other accounting and tax advisors to make sure you cover all bases to reduce your overall tax liabilities.
Services & Compliance
Here are various blog resources related to the services and compliance at a property. These range from say your fire and health and safety compliance, through to services like cleaning and utilitities. These resources help provide an overview of each area without getting too technical, so you can plan it all in at the right time and best cost.
Here are various blog resources related to any other general subjects involved with properties and their interests. So whether it's the basics of property management, or more specific property issues and queries that don't naturally fall in the other categories, you'll find them all here.
Condition & Repairs
Here are various blog resources related to the condition of a property and any repairs and alterations required. Whether it's a reactive roof repair, pro-active maintenance plan, or carefully-chosen contractor - these help explain how to effectively keep properties in the right condition.