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Mind the gap

By: Series: Solicitors' Journal ; 149(7) 18 February 2005, 202-203 (2)Publication details: 2005Subject(s): Summary: Examines the potential dangers of the period between the purchase and registration of a commercial property; a gap during which the buyer does not always have full ownership rights and cannot necessarily start his intended active management programme for the building. Considers the various problems and issues that could arise during the registration gap:Landlord and Tenant Act 1954 renewals; the granting of new excluded leases; agreements to surrender, break and enforcement notices; forfeiture and notices of assignment. Concludes that e-conveyancing, when it comes fully into operation, will bridge the registration gap by achieving simultaneous completion and transfer of title.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS68838 (Browse shelf(Opens below)) 1 Available 129038-1001

Examines the potential dangers of the period between the purchase and registration of a commercial property; a gap during which the buyer does not always have full ownership rights and cannot necessarily start his intended active management programme for the building. Considers the various problems and issues that could arise during the registration gap:Landlord and Tenant Act 1954 renewals; the granting of new excluded leases; agreements to surrender, break and enforcement notices; forfeiture and notices of assignment. Concludes that e-conveyancing, when it comes fully into operation, will bridge the registration gap by achieving simultaneous completion and transfer of title.