Solicitors warned against shares-based property deals
Solicitors warned against shares-based property deals
- 2001
- Solicitors' Journal 145 (25) 29 June 2001, 589(1) .
CMS Cameron McKenna warns that some property advisers may be breaking the Financial Services Act during the course of transactions. Problems can occur from the practice of land and buildings being held in 'vehicles' such as companies or limited partnerships which may be in breach of the act.
ESTATE AGENTS
PROPERTY ADVISERS
FINANCIAL SERVICES ACT 1986
PROPERTY DEALS
SHAREHOLDINGS
CMS Cameron McKenna warns that some property advisers may be breaking the Financial Services Act during the course of transactions. Problems can occur from the practice of land and buildings being held in 'vehicles' such as companies or limited partnerships which may be in breach of the act.
ESTATE AGENTS
PROPERTY ADVISERS
FINANCIAL SERVICES ACT 1986
PROPERTY DEALS
SHAREHOLDINGS