Sentences with phrase «vacant possession»

(c) do repairs or renovations to it that are so extensive that they require a building permit and vacant possession of the rental unit.

For purchasing clients who require vacant possession on closing, there could be additional liability.

Recovery of the property prior to sale is to enable the lender to sell it «with vacant possession».

They were ready, willing and able to close on the scheduled closing date, but the sellers could not provide vacant possession since their tenant had not moved out.

Whether your new purchase is meant to be owner occupied, or an investment property, demand vacant possession or walk away.

Ralph has extensive experience in advising and obtaining vacant possession of commercial lease premises whether or not with the benefit of protection under the 1954 Act.

-- When a vendor landlord comes to me for advice about guaranteeing vacant possession on closing when the house is tenanted, I almost always tell them they are taking a huge risk.

Residential Tenancies can simply make the order for vacant possession and mail it to the landlord and the tenant.

acting for a landlord on a redevelopment of a large site involving in excess of 20 tenants, some of which had protection under the Landlord and Tenant Act 1954, including providing strategic advice on obtaining vacant possession by the date the development was due to start while maintaining the income stream for as long as possible and dealing with multiple proceedings under the 1954 Act.

The Sheriff was «directed to give vacant possession of the unit to the landlord immediately, or as soon as practicable.»

If the client requires vacant possession of the property and the vendor serves the tenant with 60 days» notice on behalf of the purchaser, the purchaser will be liable if he / she chooses not to occupy the unit within a reasonable time (RTA, ss.

Ralph acts for a wide range of clients including high street retailers, NHS trusts, developers and landlords, and provides advice on issues arising out of tenant default, achieving vacant possession and lease renewals.

Tenants will stay on unit May 31, 2014 or vacant possession available.

We can advise and implement a strategy to secure vacant possession of development sites from all types of occupiers.

For sellers reading this post, and perhaps realising that there is a smaller pool of buyers for a property with an existing tenant — please refer to the BC Residential Tenancy Act and find an amicable and equitable path towards your goal of marketing a property that you can guarantee vacant possession on.

The McDonalds fell into arrears and the lender appointed receivers, who wished to end the tenancy in order to sell the property with vacant possession.

If the tenant does nothing, and is still in the property 15 days after getting the notice to quit, the landlord can apply to Residential Tenancies for an order requiring the tenant to leave («order for vacant possession»).

Jonathan's experience in dealing with general property and title issues ranges from easements, restrictive covenants and boundary disputes to possession actions and disputes regarding defaults on payments, squatter actions and other failures to provide vacant possession.

Educational establishment: obtained vacant possession of phone mast site from telecoms operator to facilitate proposed multi-million pound development of large site in Sheffield.

As far as Lynn Barber is concerned, the debate over the empty plinth in Trafalgar Square is redundant - Mark Wallinger's Ecce Homo has taken over the vacant possession and long should he remain

Legal advisors should pay particular attention to the «landlord's own use» amendments because those sections of the RTA were improperly used by some «small» landlords or purchasers to secure vacant possession of a rental unit, following which the landlord would renovate the unit and then re-rent the unit at a much higher «market» rent or sell the building for a substantial profit based on its increased income potential.

A Landlord and Tenant Act 1954 (LTA 1954) protected tenant is in an extremely strong negotiating position if its landlord wishes to obtain vacant possession, eg to redevelop.

The group is also highly regarded for its vacant possession expertise as well as experience in energy - related property disputes, telecoms - related issues, protester actions, town and village green mandates and insolvency - related property disputes.

Obtaining an order for sale of the Defendant's penthouse apartment in Knightsbridge and subsequently obtaining vacant possession and defeating an application for an injunction to prevent exchange taking place.

Following the Defendant failing to comply with the order for sale, obtaining vacant possession of the property and further orders for costs against the Defendant as a result of his failure to comply.

Regional property developer: secured vacant possession of commercial premises from unauthorised occupier following administration of national retailer and recovered rent from the occupier.

We obtained vacant possession of the property and further costs orders against the Defendant.

We advised The Crown Estate on obtaining vacant possession, planning, urban development aspects, construction, and sale of premises.

Advising on break clauses including successfully advising a tenant on steps required to comply with payment conditions attached to a break option and then recovering overpayment and acting on behalf of tenant on a dispute as to whether it had provided vacant possession.

Obviously it is worth less than the vacant possession value of the property.

The usual way of working this out is for the valuer to discount the vacant possession value by applying a formula called the deferment rate equation.

For a higher rate of return the vacant possession value needs to be discounted a lot.

Although none of the appeals being heard by the Lands Tribunal concerned houses or flats in non-prime locations, the tribunal made a determination that purely locational differences were fully reflected in the vacant possession value of the property, and they had no place in the selection of the correct deferment rate.

Lawfully enforcing a possession order through the courts is by far the safest way to guarantee vacant possession.»

Even if price had been agreed to and everything signed correctly, there apparently were other issues that weren't addressed at the start, such as the seller agreeing to a vacant possession date they couldn't meet because the tenants weren't yet moved out.

How could you miss a major condition of a contract which was «Vacant Possession».