For subscribers, the May 2014 issue of the CPI Update is attached below, and deals with the following cases:
Friends Life Ltd v Siemens Hearing Instruments Ltd – the need to comply strictly with the terms of a break option clause;
R (applic. of Fox Strategic Land & Property Ltd) v Chorley BC – a developer’s challenge to a CIL charging schedule;
Nordic Insulated Doors Ltd v Land Resources – profit sharing in a joint venture arrangement;
Yeung v Potel & Summers – an easement to lay new pipes;
In the matter of Black Ant Co Ltd (in administration) – what amounts to a further advance with priority?
Rashid v Sharif – party fence walls and trespass;
E.Surv Ltd v Goldsmith Williams Solicitors – the need to report a “price paid” to a mortgagee client.
In addition, there is coverage of:
New EPC amendment regulations;
Disclosure of title incumbrances on the sale of land;
The rules relating to priority for further advances under mortgages of land;
City of London insurance clauses for leases;
Various Land Registry Practice Guide updates.
Published on 30 April 2014.
Property PSL