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.
Property PSL