Property analysis: On 14 December 2017, the Law Commission of England and Wales issued its 13th programme of law reform, which will cover the policy work which it will develop in 2018. This programme covers 14 areas of law which, in the view of the Law Commission, need revision. Of interest to property practitioners is the inclusion of topics such as residential leasehold enfranchisement reform, chancel repair liability, modernising trust law and unfair terms in residential leasehold. Professor Nick Hopkins, Law Commissioner, introduces the Law Commission paper and comments on what the final property law outputs could look like.
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Probate—assent of interests in landOrdinarily, a transfer of land must be made by deed. However, where:•the estate of a deceased person includes a legal or equitable interest in freehold or leasehold land, and•a third party is entitled to that interest (either as a trustee or as a beneficiary) under
Lenders' instructions—the UK Finance Mortgage Lenders' Handbook and the Building Societies Association Mortgage InstructionsThis Practice Note contains links to the UK Finance Mortgage Lenders' Handbook (formerly known as the CML Lenders' Handbook) and the Building Societies Association Mortgage
Floating charges—obtaining a letter or certificate of non-crystallisation in property transactionsWhat is a letter of non-crystallisation?Title due diligence against property owned by a company may disclose the existence of a floating charge.See Practice Notes: Pre-contract searches—Company search
A section 21 notice is only valid for six months. How long is a section 8 notice valid for?This Q&A considers how long a notice seeking possession served under section 8 of the Housing Act 1988 (HA 1988) lasts and when it is deemed to have expired.HA 1988, s 8(1) provides, materially, as
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