- Category: 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.
The Landlord & Tenant Act 1954 is the bedrock of legislation for commercial property leases, with rights for tenants to have their lease renewed at the end of the main lease duration. People tend to appreciate this more with residential property, and realise that a landlord can’t suddenly just ‘kick a tenant out’ when their lease ends as there are certain rights of renewal and requirement for notices and maybe court applications.
This is the equivalent principle for business premises, originally brought in after the Second World War and bomb-damaged property caused reduced stock of business properties and landlords started to be choosy on what tenants could stay on. From a landlord’s perspective this might be fair - hunting down a...
The dreaded ‘F’ word when it comes to property leases can have a negative reaction from those lending money against the property interest, and cause all kinds of issues and confusion, with talk about varying leases and separate documentation and letters. For those wanting to purchase a property interest this can be a huge issue and deal-breaker, something you need to firstly fully understand before you then try to resolve.
It's about a clause or series of clauses in a long leasehold interest that can allow the landlord to forfeit the lease through the process of forfeiture. You tend to see them in both long residential interests such as flats where you can’t purchase the actual freehold, or long commercial leases such as small office...