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Sale and leaseback: is it a giveaway?Sales and leasebacks of real estate remain an often used mechanism to raise capital, improve operational cash flow, and, all being well, returns on investment. They range from a simply structured transaction involving a straight ... Read more |
Limiting lease liabilitiesPrevious articles have discussed the effective exercise of break clauses, thereby bringing the existing lease liability to an end (p63, IHL170) and former tenants being held to account for their historic lease liabilities (p56, IHL174). ... Read more |
Preparing for the Community Infrastructure LevyThe Community Infrastructure Levy (CIL) was introduced in the Planning Act 2008. The government is currently consulting on regulations to implement the CIL in ‘Detailed proposals and draft regulations for the introduction of the Community ... Read more |
Former properties coming back to haunt you?In times of economic difficulty former tenants of buildings can often find themselves served with a notice relating to their old premises and being told that they remain liable for the rents and other tenant ... Read more |
Demystifying the Carbon Reduction CommitmentOver the past few months there has been much publicity about the Carbon Reduction Commitment (CRC). A large number of companies have now pushed the CRC further up their agenda and are starting to think ... Read more |
Access to justice: protective costs orders in planning challengesThird parties and competing developers have no rights of appeal to the Secretary of State against planning decisions. Disappointed applicants can appeal to the Secretary of State and can have the merits of the application ... Read more |
Lease re-gearings and extensions: some issues to considerAs a result of the recession, lease re-gearings and extensions are becoming increasingly popular for landlords and tenants.Take an example that is fairly typical at the moment. A tenant occupies an office building in central ... Read more |
Sale of land and the return of a buyer’s depositThe Court of Appeal has recently provided welcome guidance on the circumstances in which a court will exercise its discretion to order the return of a buyer’s deposit after it fails to complete a land ... Read more |
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