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Every surveyor, property manager and lawyer who deals with commercial property needs to have a thorough knowledge of Part II of the Landlord and Tenant Act 1954, which governs the rights of business tenants to obtain renewals of their leases. A maze of complex and carefully interlocking provisions, the Act was radically amended by a Regulatory Reform Order as from 1 June 2004. These changes include: •widening the scope of protection •removing traps for tenants such as the counter-notice •changing the rules about court applications •amending the basis of assessing interim rent •imposing tougher requirements for giving information •creating new procedures for contracting out of the Act •a raft of new prescribed forms This new book gives a clear explanation of the workings of the amended Act, keeping the framework in view while delving into the detail whenever needed. The old law is included for those situations where it may still be relevant. Written by a property lawyer assisted by a chartered surveyor and a property litigator, this publication, in addition to setting out the law, gives detailed guidance on practice for surveyors, managers, valuers, expert witnesses and property lawyers.
Part II of the Landlord and Tenant Act 1954 gives rights to business tenants to negotiate the renewal of their tenancy when it comes to an end and gives rights to the landlord to oppose such renewals in certain cases. Where negotiation fails, the Court has powers to settle the terms of a renewal, end a tenancy, or grant compensation to the tenant. The law was radically altered in 2004 by Regulatory Reform Order and statutory instruments containing the new forms and notices. This new scheme is now in force in England and Wales and case law is beginning to emerge. The process of renewal is subject to strict regulation, precise documentation, time-limits, and completion of prescribed forms. This book is designed to provide a step-by-step guide around the twists and pitfalls of the new renewal procedure. This practical book: outlines the rights of the parties involved; guides the reader through the legislation; provides up-to-date references to case law; offers useful checklists; includes Part II of the Landlord and Tenant Act 1954 (as amended). Renewal of Business Tenancies will prove to be an invaluable guide to renewals for busy practitioners.
Negotiate commercial leases and renewals like a pro Renting space for businesses and navigating a commercial lease can be a daunting task for those without expertise, as errors or oversights can cost thousands of dollars. Thankfully, Negotiating Commercial Leases & Renewals For Dummies takes the mystery out of the commercial leasing process and offers expert tips and advice to help small business owners successfully negotiate their leases???without losing their cool, or their cash. From one of the industry's most respected and experienced consultants, Negotiating Commercial Leases & Renewals For Dummies provides tenants with tips and advice on finding the best location and amenities for a business; understanding space needs and maximizing lease space; ensuring fair operating costs and keeping rent fees at a manageable level; minimizing the deposit requirement; mastering and executing negotiation strategies and tactics; and much more. Discover the rights and responsibilities associated with commercial leases Find out how much negotiability and flexibility you can expect in commercial leases and renewals Get to know which laws protect you and your business Negotiating Commercial Leases For Dummies is essential reading for the more than 10 million business owners, entrepreneurs, retailers, restaurants, doctors, and franchise tenants who lease commercial, office, and retail space across North America.
A popular and practical step by step guide to the law and procedure for renewing business tenancies under Part II of the Landlord and Tenant Act 1954
A considerable amount of commercial property work is concerned with the renewal of business tenancies under Part II of the Landlord and Tenant Act 1954. Business Tenancies provides the busy practitioner with a detailed and practical guide to all aspects of the law and procedure involved in the renewal of business tenancies under the 1954 Act and the often complex issues which can arise. It offers practical answers to problems which commercial property professionals may encounter when dealing with renewals. This new title will equip commercial property professionals with a thorough practical knowledge of the relevant statutory provisions and case law. The implications of the Civil Procedure Rules 1998 are considered in detail. It also deals with the right to compensation for improvements. The text takes into account recent case law as well as the reforms introduced by the Regulatory Reform (Business Tenancies) (England and Wales) Order 2003.
This book provides invaluable practical guidance to the grant, renewal, assignment and surrender of business leases. The procedures involved are explained clearly and concisely, with each constituent part of a commercial lease being examined, and useful hints given on drafting. The book covers key case law and legislation, the latest information concerning time limits and court fees, the VAT consequences for the letting of business premises, rent reviews and statutory renewals. The book also summarises and offers practical analysis of the Landlord and Tenant (Covenants) Act 1995.
Negotiate commercial leases and renewals like a pro Renting space for businesses and navigating a commercial lease can be a daunting task for those without expertise, as errors or oversights can cost thousands of dollars. Thankfully, Negotiating Commercial Leases & Renewals For Dummies takes the mystery out of the commercial leasing process and offers expert tips and advice to help small business owners successfully negotiate their leases???without losing their cool, or their cash. From one of the industry's most respected and experienced consultants, Negotiating Commercial Leases & Renewals For Dummies provides tenants with tips and advice on finding the best location and amenities for a business; understanding space needs and maximizing lease space; ensuring fair operating costs and keeping rent fees at a manageable level; minimizing the deposit requirement; mastering and executing negotiation strategies and tactics; and much more. Discover the rights and responsibilities associated with commercial leases Find out how much negotiability and flexibility you can expect in commercial leases and renewals Get to know which laws protect you and your business Negotiating Commercial Leases For Dummies is essential reading for the more than 10 million business owners, entrepreneurs, retailers, restaurants, doctors, and franchise tenants who lease commercial, office, and retail space across North America.
This book offers clear explanation and detailed commentary on how a landlord or licensor can obtain possession of business premises and how a tenant can oppose such action or renew the lease. Written from the litigator's point of view, this guide covers all the key issues in an accessible and comprehensive manner
Written by a leading authority in the area, A Practical Approach to Conveyancing offers a detailed and up-to-date account of the key principles and procedures underpinning the practice of conveyancing. It takes a pragmatic, rather than academic, approach to conveyancing, providing practical solutions to everyday problems encountered by conveyancing practitioners wishing to offer a cost-effective and efficient service. Combining coverage of residential and commercial conveyancing, this book provides highly practical guidance on each stage and is fully supported by sample documentation, enabling the reader to approach all aspects of the conveyancing process with ease and confidence. Now in its twenty-second edition, this book has firmly established itself as a core text supporting the study of the Legal Practice Course. Fully updated with the latest changes affecting the conveyancing process, this classic text is essential reading for all trainee or qualified solicitors, legal executives, or licensed conveyancers. Online Resources This book is accompanied by online resources, which include specimen forms, links to useful websites, additional online appendices, interactive conveyancing timelines, and multiple choice questions for students to test their knowledge.
Taking a pragmatic, rather than academic, approach to conveyancing, this work provides solutions to everyday problems encountered by conveyancing practitioners wishing to offer a cost-effective and efficient service.