Construction: When an unsigned contract binds the parties

Construction: When an unsigned contract binds the parties

A word of warning to those carrying out works without a fully signed and executed contract in place! The fact that one party has not formally executed a contract does not automatically mean no binding agreement has been reached. This is the vital lesson for businesses...
Landowners: What is overage?

Landowners: What is overage?

The use of overage agreements is now widespread and it is easy to understand why.  After all, who wouldn’t want to create the chance of some additional cash, long after their land or property is sold? What is Overage?Sometimes referred to as “clawback”, overage refers...
Property Leases: What is a break clause?

Property Leases: What is a break clause?

Break clauses are a useful tool for both landlords and tenants to end a lease before the end of the term. Below, we outline the usual lease provisions together with the main conditions for a break to be effective, particularly from a tenant’s point of view. What is a...
Implied Easement – Landmark Case

Implied Easement – Landmark Case

The Upper Tribunal decided in the recent case of Taurusbuilt Limited and Others v McQue and another (2019) UKUP 81 (LC), an easement can be implied as a term of a mortgage deed. The ruling is the first of its kind. Mr and Mrs Ward owned properties, 2 The Halls and...
What is a title indemnity policy?

What is a title indemnity policy?

The title of a property will usually be investigated when the property is either being sold or leased out. The buyer or prospective tenant under a lease will want to establish whether the seller is legally able to transfer the title to the property that the seller has...
What is the process for selling my commercial property?

What is the process for selling my commercial property?

When a seller instructs us to act for them in relation to the sale of their commercial property, they are sometimes unaware of the legal procedure involved in a sale, and also the documentation that will be required from them in order to satisfy a buyer. We have...