Opposed Lease Renewal and Redevelopment - Life after Frances [2020]
Webinar Details
Available now
Expires after 90 days
Mark Shelton
CPD Hours: 1
£35.00
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This webinar is presented by Mark Shelton. Opposing renewal of a business lease in reliance upon the landlord’s intention to redevelop can appear to be an obstacle course. But how difficult is it really? This webinar will demonstrate how landlords may stay in control of the timing while still discharging the burden of proof under section 30(1)(f) of the Landlord and Tenant Act 1954. It will give consideration also to practical aspects such as statutory compensation and misrepresentation liability.
As for tenants, while they may accept that ultimately the landlord will proceed with its scheme, and they will have to relocate, the nature of the procedure holds out opportunities to use negotiating levers so as to maximise their advantage, whether their aim be to obtain a significant payment in return for vacating, or space in the completed development.
Topics covered include:
- What works will qualify?
- The nature of the landlord’s intention, post Franses
- Readiness at trial - coping with planning delays
- Tactics and timing – going fast and going slow
- The misrepresentation pitfall – keep the tenant informed
- Controlling statutory compensation
- To develop a strategy for an opposed renewal on redevelopment grounds, taking into account the crucial timing considerations.
- To appreciate what degree of intention on the landlord’s part is required to succeed.
- To understand how far the landlord must be able to prove its ability to carry out its scheme.
- To minimise the financial impact of compensation.