The Sheriff was «directed to give
vacant possession of the unit to the landlord immediately, or as soon as practicable.»
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.
Educational establishment: obtained
vacant possession of phone mast site from telecoms operator to facilitate proposed multi-million pound development of large site in Sheffield.
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.
We obtained
vacant possession of the property and further costs orders against the Defendant.
Recent highlights include acting for a real estate fund in court proceedings against a corporate office tenant regarding its contribution to lift refurbishment works, and acting for a national property investor in securing
vacant possession of an adopted road providing access to a large industrial estate.
We can advise and implement a strategy to secure
vacant possession of development sites from all types of occupiers.
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.
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.
Not exact matches
I've never experienced anything like it,» he thinks, as he lugs his scant
possessions down to an apartment building at the end
of the ironically - named «Calle Feliz» («Happy Street»), where he hopes to find a
vacant room.
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.
Over the course
of two weeks, in a
vacant department store building on Oxford Street in central London, Landy and several assistants systematically destroyed each
of the artist's 7,227
possessions, accumulated over a lifetime and exhaustively inventoried over the three years preceding the event.
Recovery
of the property prior to sale is to enable the lender to sell it «with
vacant possession».
Legal advisors should ensure their «small» landlord clients, in particular, are made aware
of the changes and the potential exposure, particularly if the client's business model is acquisition
of small rental properties followed by securing
vacant possession, renovations and increasing property value through re-rental or sale.
The wife must give
vacant possession on completion
of the sale.»
the building is a condominium and the landlord has decided to sell one unit
of the building or, the landlord owns a house or a duplex which he has decided to sell and the buyer wants the premises to be
vacant when the buyer takes
possession;
The practice has core strengths in rights
of light matters; recent work examples include acting for Royal London on the rights
of light issues affecting several proposed developments and assisting The Portman Estate with development mandates including rights
of light and
vacant possession strategies.
Scott and Garner recently advised Hammerson on a
vacant possession issue relating to the Victoria Gate shopping centre development, and assisted The Mall with the redevelopment
of a Camberley - based site, including the extent
of statutory undertakers» rights over the site and public right
of way issues.
Squire Patton Boggs» team has expertise in Landlord and Tenant litigation,
vacant possessions, right
of light disputes, land access issues for utility and renewable energy providers, and judicial reviews relating to planning issues and CPOs.
Kittle represented the landlord Telereal Trillium in an objection to the exercise
of a break option by its tenant on the condition
of vacant possession, he also handles all litigation issues arising from a portfolio
of 1500 public houses owned by Heineken, which includes advising on legislative changes relating to tied public houses.
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.
If a landlord wishes to obtain
vacant possession for the purpose
of residential occupancy by the landlord or member
of the landlord's family, or a caregiver, the landlord must now pay one months» rent to the tenant or offer another rental unit acceptable to the tenant as compensation for exercising the right
of termination (s. 48.1 RTA).
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.
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.
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.
(18) It identifies counterveiling provisions such as, the provision for governments and native title holders to agree to change the effect
of the validation provisions; the provisions which reinstate native title where the holders are in
possession and the land is
vacant crown land; and the provision
of compensation where native title is affected by the validation
of intermediate period acts.
How could you miss a major condition
of a contract which was «
Vacant Possession».
On the instructions
of Duff & Phelps Real Estate Advisory Group, Knight Frank has been appointed to offer Block D, Charlemont Exchange, Charlemont Street, Dublin 2 for sale with
vacant possession and subject to an antenna licence.
«With the exception
of around 16 acres, all the agricultural land is farmed in hand with
vacant possession.