Property litigation solicitors in UK? We believe communication is of the utmost importance. We will therefore keep you updated as things develop and our solicitors will provide practical, straightforward legal advice so that you can be confident everything is progressing as you would like. There are certain requirements that must be satisfied when preparing a Deed of Variation to your Will. The instrument of variation must be in writing. There is no formal requirement for a deed, unless one is required for another reason (for example if land is involved). However, it is good practice to execute a deed as this will ensure that the variation is enforceable. The variation must be made by the individual who benefits, or who would benefit, under the Will or intestacy and who is giving up that benefit. The beneficiary who is redirecting his/her entitlement must sign the deed of variation. The beneficiary must be “sui juris” i.e. must be of full age and capacity.
The company’s constitutional documents, the articles of association, will help to some extent, but are unlikely to offer a shareholder full protection. A well drafted and thought through shareholders’ agreement can regulate your relationship in order to protect you and provide assurance to you all that various scenarios have been considered and catered for. Often one partner feels that they have put many more hours in than the other and if you have a shareholders’ agreement, this can usually be easily resolved. It is hoped that even if you do have a shareholders’ agreement drawn up, you won’t need to rely on it but if you haven’t put one in place it would be a shame to be in the position of wishing that you had! It is much easier to agree the terms of the shareholders’ agreement before you start making money than afterwards, as naturally people become more protective and in turn difficult about the terns of the relationship Protect the business and protect your investment in the business.
What is an eligibility check? If you wish to transfer the ownership of a house with a mortgage to a new owner, then your lender will first need to perform an eligibility check. This enables the lender to assess whether the proposed new owner(s) of the property will be able to continue with the same mortgage. This will include whether the new owners or joint owners: Can pass a credit check, Have sufficient income to be eligible for the existing mortgage, Meet the appropriate age requirements, Have residency in the UK. What happens if the new owner fails the eligibility check? If you do not meet the requirements set out by the mortgage company, then an alternative will be to either find some way to remortgage the property or pay off the existing mortgage in order to transfer ownership.
A fast-growing law firm based in south Manchester, we are renowned for going the extra mile to get the right results for our clients. Specialising in commercial litigation and property law for both commercial and residential clients, we believe strong communication is essential. This is why our passion for the work we do is matched by our commitment to keeping our clients up to date every step of the way. Emma Nawaz of Blackstone Solicitors Limited has a wealth of legal experience specialising in the fields of commercial and property litigation. Emma represents local, national and international clients, many of whom have been clients since the beginning of her career. Emma is known as a tenacious and pragmatic lawyer. Read additional info at breach of contract solicitor.
It’s a landlord’s worst nightmare: a former tenant absconds from a property without having paid everything owed. It can be extremely tricky to reclaim this debt without the assistance of a solicitor. Often the ex-tenants will find excuses to delay payment; will ignore calls and letters, or disappear altogether. Blackstone Solicitors specialise in rent arrears case’ armed with the legal expertise needed to ensure a fair outcome for landlords. You shouldn’t have to experience stressful cash flow problems just because a tenant won’t pay its debts, which is why we aim to resolve such disputes promptly and effectively.
A break clause is written into the commercial lease from the outset and allows a Tenant (and even a Landlord) to end a lease early by serving a notice on the other party. The lease will set out certain requirements that must be followed to ensure the break is valid, for example, the Tenant may be required to give the Landlord notice that they wish to enact the break clause, and all outstanding monies due must be paid. On the other hand, a Tenant may find that the preconditions set by the Landlord mean that the break clause is, in reality, incapable of being exercised. If both parties opt out of the legislation as part of the lease, there is no automatic right to security of tenure. Under these circumstances, a Tenant can vacate the property without providing notice by informing the other by writing. If a Tenant refuses to vacate the property, the Landlord will usually need to undertake possession proceedings. Find even more details at https://blackstonesolicitorsltd.co.uk/.
