The July 2012 issue of the CPI Update contains:
Case law commentary on:
Does a clause of a conveyance prevent the acquisition of a prescriptive right to light? CGIS City Plaza Shares 1 Ltd v Britel Fund Trustees Ltd;
Can ancillary mortgage documents be taken to have altered a power of sale? Cherry Tree Investments Ltd v Landmain Ltd;
Taking care on apportionment of consideration for SDLT – Orsman v Revenue & Customs;
Taking care with options to tax for TOGCs – Atchem Ltd v Revenue & Customs;
What is the extent of dominant land? Giles v Tarry;
Terminating a licence to occupy – Fitzhugh v Fitzhugh;
Enjoying the benefit of restrictive covenants – Perkins v McIver.
Legislative developments in relation to:
VAT – HMRC guidance on land and buildings.
SDLT – HMRC guidance on new SDLT thresholds.
Competition – implementation of parts of the 2010 Groceries Order.
Practical comment on:
Enlarging the dominant tenement of an easement.
Licensing the use of property rights.
The new edition of the IBF “Readiness for Sale” guide.
Land Registry – new Practice Guide on transfers under a chargee’s power of sale.
Land Registry – amendment to identification procedures under Practice Guide 67.
Land Registry – enlargement under section 153 LPA 1925.
SDLT 6 guidance.
RICS guidance on Japanese knotweed.
Published 1st July 2012.
Property PSL