Property Case NewsCatch up on the big legal cases affecting the property markets from the UK and Europe.
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The payment of a deposit by a buyer to a seller under a contract for sale is a fundamental part of a transaction since it comprises the “consideration” that all first year law students learn is necessary – along with offer and acceptance – for the formation of a binding agreement between parties.
A property tycoon facing debts of £611m has lost a High Court battle with creditors over an individual voluntary arrangement (IVA) that would have seen creditors receive seven pence for every pound owed.
Service charges have the potential to become a fairly contentious issue between landlords and tenants. Indeed, an intermediate landlord recently faced litigation over the reasonableness of the amounts claimed.
A recent Court of Appeal judgment, MSC v Cottonex (2016), has clarified the law around repudiatory breaches of contracts, specifically the ability (or inability) of an innocent party to affirm a contract where a repudiatory breach has occurred.
Commercial tenants with a ‘vacant possession’ break clause in their lease run the risk of nullifying the termination of the lease by failing to properly remove all their belongings from the premises - even down to internal walls and floor coverings - a recent ruling by the High Court has found.
The Court of Appeal has issued a landmark judgment in a professional negligence case setting a new precedent by changing the legal principle of causation.
The Supreme Court has ruled that the Human Rights Act does not apply in possession claims between private parties, preventing a major expansion of human rights into private contractual disputes.
Aldi and Iceland have adjoining stores on the outskirts of Cambridge in unit 1 & 2 and also share an accessway and car park.
Root-and-branch data protection reform is coming under the General Data Protection Regulation (GDPR). Even though this is European legislation, the UK government has confirmed that it will still become law. It takes effect on 25 May 2018, which is not as far off as it sounds.
In what is believed to be an industry first, British Land recently organised a conference for its suppliers and advisers.
The property industry has welcomed revisions in this week’s Finance Bill to legislation on tax relief for interest costs that help to address potentially damaging and unintended consequences for property developers and investors.
The economic value of London’s architecture sector was revealed for the first time last week in new research published by the mayor of London’s economics team in partnership with the London Festival of Architecture (LFA).
The traditional concept of property ownership is coming under increased and significant pressure. Socio-economic developments and market disruption are posing questions about the future of ownership as both an aspiration and investment.
How can London’s property industry ensure that panels at events reflect a greater range of participants than just white men of a certain age?
Last week, independent policy network Future of London published a report calling on local government, developers and workspace operators to maximise the regeneration potential of sites capable of providing workspace for small businesses.