Commercial Property for Residential Conveyancers - A Practical Introduction
Introduction
This live broadcast session is aimed at those who deal with residential conveyancing but don't do much, or any, commercial conveyancing. It deals with all aspects of commercial property, highlighting the differences between residential and commercial transactions.
What You Will Learn
This live and interactive session will cover the following:
- An overview of typical commercial transactions compared to residential
- The differences:
- In terminology
- In process
- In searches, contract conditions & other forms used
- The greater impact of planning issues
- Plans, physical issues, fire, asbestos, access
- The CPSEs - it’s not a ‘we don’t know’ ritual
- Separate representation for lenders & discharges
- In taxes - VAT, Capital allowances, SDLT/LTT, ATED & CGT
- In registration - mortgages & Companies House
- The commercial ‘rack rent’ lease:
- Concepts and key terms
- The Code of Practice for commercial leases
- Key points to negotiate on a commercial lease
- Security of tenure, holding over and exclusion
- Assignment and underletting - licences, guarantors & AGAs
- Development transactions - an overview:
- Auctions
- Options and conditional contracts
- Overage
- Land promotion agreements
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.