Landlord & tenant Flashcards
(52 cards)
Examples of what a surveyor needs from a client at the beginning of an instruction?
Agreed terms of engagement
A copy of the existing lease and any plans or deeds of variation.
Contact details for the tenant
What can fees for rent reviews and lease renewals be based on?
Fixed fee
A percentage of the new rent agreed
A percentage of the saving made from the quoting rent
If a lease doesn’t mention anything about the Act, what does this mean?
It is inside the Act.
What does ‘Subject to contract’ mean?
The contents of the email are not legally binding until a formal contract is signed.
What does ‘Without Prejudice’ mean?
During negotiations the opposing party cannot rely on anything said by the surveyor when they have labelled it with this and cannot be used as evidence in litigation.
What are the attributes of a lease?
Exclusive possession of a defined area of land/property.
For a fixed term.
Rent but also doesnt need to be
What is required for a lease of more than 3 years?
terms must be in writing, signed and registered as a deed.
What is the difference between a lease and a licence?
A lease grants exclusive possession of a property for a fixed term (an estate in land), whereas a licence is a permission to make it lawful for them to use the land.
A lease can be assigned, a licence is a personal right that cannot be assigned.
What case law sets out the differences in lease and licences?
Street v Mountford [1985]
What is a tenancy at will?
Form of licence created by written agreement for an unspecified time, in which the landlord may evict the tenant at anytime.
Not a legal interest in land with no right of renewal.
Examples of when a tenancy at will could be used…
Allowing a tenant early entry for fit out works
Whilst a tenant is agreeing a new ‘contracted out’ lease after the expiry
What is a wayleave?
A temporary right with an annual payment.
The right for a company to install and maintain their apparatus (often used by utility companies).
It is personal to the company.
Doesn’t need registering
What is an easement?
A permanent right for a capital payment
It can be registered
(1) There must be a dominant and servient tenement.
(2) The easement must accommodate the dominant tenement.
(3) The dominant and servient tenements must be owned or occupied by different persons.
(4) The right claimed must be capable of forming the subject matter of a grant
How is a prescriptive right or easement obtained?
Proved through uninterrupted use of the land for not less than 20 years.
What is a permissive right?
Can be granted by a landowner to grant access over the land.
NOT public rights of way.
What is adverse possession?
Adverse possession is a legal process that allows someone to claim ownership of land or property without the owner’s permission.
10 years of occupation is required if the land is registered but 12 if the land is not registered.
What are some common basis’s for rent reviews?
Upwards only to open market rent using standard assumptions and disregards
Indexation (CPI or RPI) possibly with caps and collars.
turnover rents
Examples of usual assumptions for a rent review…
Property is fit and available for immediate occupation and use
Let as a whole
Willing landlord and willing tenant
Examples of usual disregards for a rent review…
Tenants improvements to the property
Any goodwill from the tenant attached to the property
What did Basingstoke and Deane Borough Council v Host Group (1987) decide?
If the assumptions and disregards of a rent review clause is silent about the hypothetical term, assume the remainder term.
What case law deals with time of the essence?
Bello v Ideal View (2008)
A rent review had not been carried out for 13 years, the court held the rent review could proceed as time was not of the essence.
Can post rent review date evidence be taken into account when negotiating a rent review?
Yes – eg if there was a letting a month later than the rent review date, you can use this
BUT a letting 6 months later, will hold less weight.
What is at the top of the hierarchy of comparable evidence?
recent open market lettings
What is a Calderbank offer?
A binding offer to settle a rent review.
The offer must set out all the terms to settle the dispute and a time limit in which the other party must accept the offer (often 21 days).