Perry Hay and co services, Commercial property
 

Leasing premises

The premises
  Full definition
Rights and reservations

Basic terms
  H.M. Land Registry Prescribed claimes
Rent
Length of term
Break clauses
Authorised use

Landlord’s covenants
  Quiet enjoyment
Rights of entry

Tenant’s covenants
  Payment of rent and outgoings
Repair and decoration
No alterations
No nuisance
Comply with statutory requirements

Repairing covenants
  State of condition
Rights of entry
Schedule of dilapidations

Rent reviews
  Relevant criteria
Arbitration

Assignment or sub-letting
  Landlord’s consent
Guarantors
Authorised guarantee agreements
Notice of assignment

Insurance covenants
  Full reinstatement value
Suspension of rent provisions
Ultimate right to terminate

Forfeiture
  Non payment of rent
Breach of covenant
Relief from forfeiture

Termination
  Security of tenure under Landlord & Tenant Act 1954
Contracting outside the Act

Licences
  To assign
To make alterations
To change use
To occupy


 
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Investing in property

The contract for sale
  Auction particulars
The Standard conditions of sale
The National conditions of sale
The Law Society conditions of sale

Pre-exchange
  Valuation and survey
Commercial property standard enquiries protocol
Other pre-contract enquiries
Local authority searches
Water and drainage searches
Environmental searches
Investigating title

Post-exchange
  The deposit
Drafting deed of transfer
The completion statement
HM Land Registry and bankruptcy searches

Post-completion
  Stamp duty
Registration at HM Land Registry

Funding
  The facility offer
Reporting on title
Mortgage documentation
Registration at HM Land Registry

Foreign investment
  Offshore single purpose vehicles
Inland Revenue clearance to receive rents gross

Property management
 

UK agent
Collection of rent
Insurance arrangements
Regular inspection
Schedules of dilapidation

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