The December edition of the Commercial Property Information Update has been published on this website.
If you are a subscriber (and you are logged in) you can access the update by clicking on CPI Update – December 2008 and opening the attachment.
The December 2008 issue of the CPI Update contains:
Case law commentary on:
- The implications of a tenant’s administration – Innovate Logistics Ltd v Sunberry Properties Ltd;
- Midill (97PL) Ltd v Park Lane Estates Ltd – section 49(2) LPA 1925 and the return of deposits;
- Chantry Estates (South East) Ltd v Anderson – extending an option period;
- Alchemy Estates Ltd v Astor – acquisitions conditional on licence to assign;
- Grosvenor Estates Ltd v Prospect Estates Ltd – leasehold enfranchisement: what is a house?
- Osibanjo v Seahive Investments Ltd – forfeiture and waiver;
- Brimex Ltd v Begum – the implications of an unlawful subletting;
- Brightlingsea Haven Ltd v Morris – constructive trusts and section 2 LP(MP)A 1989.
Legislative developments in relation to:
The VAT rate change announced in the pre-Budget report;
Property taxes – changes to empty rates relief;
Land Registry – new first registration triggers;
Planning – Planning and Energy Act 2008.
Practical comment on:
The new Land Registry ID procedures – further practical ID questions;
Land Registry procedures on sales by mortgagees
and a consideration of whether a landlord can require a guarantor to guarantee an AGA, and what implications arise as SDLT meets its fifth anniversary.
Published 1st December 2008.