The February 2012 issue of the CPI Update contains:
Case law commentary on:
Conditional break rights: unpaid default interest – Avocet Industrial Estates LLP v Merol Ltd;
A sale and leaseback transaction analysing priority of interests – Cook v The Mortgage Business Plc;
Excessive use of an easement – Maioriello v Ashdale Land and Property Company Ltd;
Mortgage redemption and breach of trust – AIB Group (UK) Plc v Mark Redler & Co (A Firm);
SDLT substantial performance – Lancer Scott Limited v HMRC;
Easements suffering interference by Crossrail – CIP Property (AIPT) Ltd v Transport for London.
Legislative developments in relation to:
The Charities Act 2011 (in brief only).
Climate change – CRC: draft regulations for first allowance sales.
New national standards for debt enforcement officers.
Further consultation on the adoption of new drains and sewers.
Community Infrastructure Levy – outsourcing regulations.
Localism Act 2011 – Commencement Order No. 2.
Practical comment on:
Enforceability of management company covenants.
A reminder that this year is a Leap Year.
The need to avoid re-grants on relief from forfeiture.
SDLT – first time buyers’ relief.
Published 31st January 2012.
Property PSL