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Webinar Escaping The Rental Commitment (On-Demand Webinar)

Overviewnew


When a tenant needs to offload premises, they will typically seek an assignee to whom the lease may be transferred, or an under-lessee to whom they can sub-let. Either transaction engages both contractual considerations, and rights and obligations arising under the general law - whether the range of applicable statute law, or the wealth of decided caselaw. The threat of a claim for damages means that landlord’s advisors need to be aware of the restrictions, and best practice on dealing with requests for consent, while tenant’s advisors cannot hope to get to the desired outcome unless they know where the available levers are and how to use them.

This webinar will include:

  • Typical content of an alienation clause
  • The Alienation Protocol, and the conduct of requests for landlord’s consent
  • Assessing the third party’s covenant strength
  • Landlord’s duties, and what is a ‘reasonable time’ to make the decision?
  • Comparison of assignment and underletting
  • Rental restrictions on underletting

With supervision time at a premium, the graduate surveyor or junior lawyer needs a reliable road-map to the significant moments in the life of a lease. This is module 1 of a 4 part webinar series that will present an extended case study, considering the key terms of a modern commercial lease form as applied to events over the term of a tenancy. Up-to-date caselaw is included, as well as the three key Protocols.

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Details


Type
Webinar
Level
Intermediate
CPD
1 hours
SRA

Speakers


Mark SheltonDetails

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Available until: Wed 24 Jan 2018

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Fees


£35.00
Package Price
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£120.00
Non Member

(Excluding VAT)


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