Course description
The Act gives flat leaseholders - in mixed commercial/residential buildings as well as in blocks of flats - rights of pre-emption. So, where the immediate landlord proposes to dispose of an interest in such a building it may first have to offer the disposal to the residential tenants.
Presented by hugely popular speaker Sarah Thompson-Copsey, this webinar will consider how to avoid some of the problem areas that come out of this ’ill drafted, complicated and confused’ Act.
Join Sarah as she reviews qualifying provisions, along with structuring to avoid the Act, notices and ‘principal terms’, severing the transaction, rights against the purchaser, and the problem with commercial leases. Key case law to be covered includes FSV Freeholders v SGL, Denetower v Toop, Maloney v Gosal and Dartmouth Court.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The Act gives flat leaseholders - in mixed commercial/residential buildings as well as in blocks of flats - rights of pre-emption. So, where the immediate landlord proposes to dispose of an interest in such a building it may first have to offer the disposal to the residential tenants. Breach of the Act is not only a criminal offence for the landlord but gives the flat leaseholders rights to take the disposal from the purchaser for the price it paid.
This webinar will consider how to avoid some of the problem areas that come out of this ‘ill drafted, complicated and confused’ Act.
What You Will Learn
This webinar will cover the following:
- Does the Act apply? A review of the qualifying provisions; structuring to avoid the Act
- Notices & ‘principal terms‘: FSV Freeholders v SGL; S Franses v Block 6 Ashley Gardens; M25 Group Ltd v Tudor
- Severing the transaction: Denetower v Toop; Kay-Green v Twinsectra; Consensus v Palgrave
- Rights against the purchaser: Green v Westleigh Properties Limited; Maloney v Gosal
- The problem with commercial leases: Dartmouth Court
Expenses
MBL Seminars Limited
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