E- Learning modules for property professionals
For the general practitioner, or for the more junior surveyor, the world of rent review can often appear baffling, with obscure arguments about the hypothetical lease, aggregate lettings, special bidders and so forth. But it’s a topic which can be of crucial importance to clients, and an area in which very limited rights of appeal from third party decisions means that it’s vital to get it right first time. This module introduces the main aspects of the subject in a clear and straightforward way.
Module Duration: 28 minutes
The Landlord and Tenant Act 1988 imposes well-known duties on landlords when considering whether to permit an assignment or a sub-letting, and landlords are rightly apprehensive of falling foul of a damages claim as a result. There is a tension between the landlord’s attempts to impose control through the terms of the lease, and the assistance given to tenants by statute and decided cases, and attention understandably focuses on what a court will consider to be reasonable. It is not only the landlord’s answer which matters, but also the process of getting there, and the lessons from protocol and from caselaw are of great importance.
Module Duration: 1 hour 8 minutes
Even before the coronavirus outbreak, occupiers were increasingly demanding shorter leases and more flexible terms of occupation. Flexible office accommodation, and retail pop-ups and other short-term arrangements have become a fact of life. The aftermath of Covid-19 is likely to accelerate the trend. At the same time, landlords needing to regularise informal occupation are looking for reliable, inexpensive solutions. There is pressure to keep transaction costs down, and to avoid going over the top with lengthy, formal, legal arrangements. Licences to occupy and tenancies at will are often used to document short periods of occupation quickly and cheaply. Very different considerations apply to each, and it is essential to have a thorough familiarity with the issues when agreeing with your client how to go about things.
Module Duration: 1 hour 10 minutes
An application for licence to alter may appear less pressing than an application for licence to assign. The tenant has no remedy based upon failure to make a decision within a reasonable time, as there is no general duty on landlords to do so. Well-advised tenants, however, will know the legislative mechanism for making time run against the landlord, and for getting the consent they want where the landlord’s objections are unreasonable. For the landlord, documenting consent involves issues which if not addressed can create problems which may only emerge at the end of the lease, and which can have serious financial implications.
Module Duration: 1 hour 3 minutes
This webinar rounds up recent significant developments in commercial property management matters and considers the practical implications. It is aimed at all those advising on the management of commercial property, whether their client base is predominantly investors and developers, or occupiers.
Module Duration: 1 hour 18 minutes
Forfeiture is a landlord’s remedy for all types of tenant default which dates back centuries. With the passage of time the law has become complex, even absurd, and it can be unpredictable in its operation. On the other hand, it can be a quick, cheap and effective way of either recovering possession, or persuading a defaulting tenant to comply with its obligations. For some kinds of tenant default it is really the only effective course of action.
Module Duration: 2 hours 11 minutes
Dilapidations is a subject area which never goes away: in times of boom or bust, landlords need to maintain the value of their investment, and tenants need to restrict the impact of claims to ensure the landlord recovers no more than is properly due.
Getting to the best outcome is not just a matter of understanding and applying the law and procedure. The wider context and commercial objectives of the parties can be the key. Does the landlord have a buyer or a new letting lined up? How does that impact the calculation of the claim, and should the landlord structure the new transaction accordingly? What if a sitting sub-tenant intends to renew their lease? And what does the landlord really want?
Module Duration: 2 hours 10 minutes