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Monthly Archives: August 2011
Absolute & Qualified Covenants
LEASE CONSENTS – THE BASICS Following on from our previous blogs its time to see how your lease works in detail. What if you need to make a change? It is quite normal that during the course of a lease … Continue reading
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Tagged absolute, commercial property advice, lease covenants, qualified, RICS chartered surveyor, Surveyor, Wokingham
Lease Notices; Common Deadline Interpretations
So, you’re required to serve a notice on your landlord or your tenant. This could be a lease break option or rent review notice. Either one is a very important document and could be the difference to your receiving a … Continue reading
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When is a Lease not a Licence?
The Distinction between a Lease and a Licence. This is far from a straightforward issue and there have been many legal cases fought over the distinction between a license and a lease (tenancy agreement). And many people have got want … Continue reading
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Tagged commercial property advice, lease, licence, Surveyor, Wokingham
Breaching a Lease covenant
What is a Section 146 notice? A notice issued under section 146 of the Law of Property Act 1925 warns a tenant who is in breach of lease covenant (other than the covenant to pay rent) of the landlord’s intention … Continue reading
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Tagged breach of lease, forfeiture, RICS, Surveyor, Wokingham
Actions on Business Interruption
If your property and business has been affected by the recent riots and vandalism in London and elsewhere then you will want to act quickly to protect, repair and get back on your business back into operation and trading. We … Continue reading
Assignment Vs Sub-Lease; The Essentials
So What is the Difference Between a Lease Assignments and a Sub-lease? The key difference is that an assignment places the assignee into a direct contractual relationship with the landlord, while a sublease does not. This distinction occurs because in … Continue reading
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Lease Break Options
How to I exercise a break option safely? Below are some of the key issues you need to consider well in advance of your intended lease break date. It is worth seeking specialist advice to ascertain exactly what you need … Continue reading
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