If you are asked to be a guarantor for a commercial lease – perhaps in your capacity as director of a company or to support a family member, there can be significant financial and legal implications. Here are some potential pitfalls to consider:...
When a tenant, under a commercial lease, which has been contracted outside of the security of tenure provisions of the Landlord & Tenant Act 1954, remains in occupation beyond the fixed term of their lease agreement, the situation is commonly known as...
Entering into a new lease as a commercial property tenant can be a daunting experience and it may be difficult to understand which parts of your Lease are key to understand throughout your occupation. You may feel that once your lease has completed and you...
As a landlord in the UK, dealing with commercial tenants can be a complex and challenging task. There are many different aspects that need to be considered. Landlords need to understand the legal framework, review the rights and obligations that should be...
In leases, break clauses serve as crucial provisions that provide commercial flexibility for both landlords and tenants. These clauses can allow either party to terminate the lease before the expiration of the fixed term, subject to certain conditions being...
Whether you are a landlord or tenant, it is sensible to seek specialist legal advice from the offset. The procedures, rules and fixed time limits surrounding this area of law can be complex. Regaining possession of a commercial premises that has a...
Section 3 of the Economic Crime (Transparency and Enforcement) Act 2022, which requires the Registrar of Companies to keep a register of Overseas Entities in accordance with the provisions of the Act, came into force on the 1 August 2022. Linked to the...
High Court rules that Model Articles of Association are not suitable for Limited Companies with a Sole Director. Our company law specialist Mignonette Ellis discusses the potential issues arising from the recent decision. A High Court decision has...
If you are a landlord of a commercial property, you may find yourself in the situation where you need to evict a tenant and take back possession of your property. This area of the law can be complicated - the best way to proceed will depend on your specific...