Business
Latest Business News
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What is a Full Repairing Lease?
A full repairing and insuring lease (“FRI Lease”) is a lease in which the tenant takes on all of the costs for repairs and insurance for the property being leased from the landlord.
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Seeing Red with Commercial Property Boundaries?
Red tape, red pens, and red sealing wax have all been used to signify something important, a correction or authenticity. Commercial Property owners would therefore assume that the red lines on the title plans mark the exact line of the property boundary. However, this is a common misconception and the red lines cannot be relied on as the exact location of the demise of a commercial property.
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Government announces the abolition of Section 21 Notices
The Queen’s Speech on 19th December 2019 saw the announcement by the Government of the Renters’ Reform Bill which will abolish the use of “no fault” Section 21 Notices served under the Housing Act 1988.
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Would Your Business Survive Without You Making the Decisions?
Mental incapacity can strike at any time, temporarily or permanently, through Illness or an accident. What would happen to your business? Who would carry on your duties and maintain an income for yourself and your family if you couldn’t?
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Times Change – Can Leases Flex To Reflect Current Market Conditions
There are many leases that last a long time – possibly 100 years or more, and landlords usually impose an obligation on a tenant to only use the property in certain specified ways. However, a use imposed at the start of the lease may not be appropriate years later.
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Severing Restrictive Covenants in Employment Contracts
Restrictive covenants, a clause in a contract that restricts an employee from certain activities once they leave an employer, have been used extensively in employment contracts.
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DEFRA has announced that it will be extending its Farming Recovery Fund
DEFRA has announced that it will be extending its Farming Recovery Fund to support farmers badly affected by the recent flooding across Yorkshire and the Midlands.
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Do I have to pay Inheritance Tax on my parents’ house?
Do I have to pay Inheritance Tax on my parents’ house?
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Government Proposals to Require EPC Rating of B by 2030 for Non-Domestic Private Rented Buildings
The government is consulting on a proposal to raise the Minimum Energy Efficiency Standard (MEES) for let commercial buildings (referred to as non-domestic private rented buildings).
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New Build Nightmare?
Local news has recently reported on Corby developments where dream homes have turned out to…
