Landlord & TenantKey to most investment property is a relationship of landlord and tenant embodied in commercial leases. The tenant does not want to make the capital outlay to purchase property outright while the landlord chooses to invest in a market it understands, in return for a rental income. Landlord and tenant issues are frequently seen as contentious but this need not, and indeed should not, be the case. The proper documentation of the landlord and tenant relationship in the first place, set out in the commercial lease, and the proper management of the relationship thereafter, are key features in investing in commercial property. Clients are often surprised at the things which go wrong. Some deals become badly held up by commercial organisations or their advisers having fixed ideas about certain issues. We aim to combine a wealth of experience in landlord and tenant issues and property ownership generally with an open mind as to that which matters - tailored always to the actual commercial property and the commercial reality in which our client is operating. Having acted not only for landlords but also for tenants and freehold occupiers alike, we can anticipate the needs and the attitudes of the other side to any transaction. We can work out what really matters to you and the other side to construct a package deal to ensure that you get what you want. Given that we act for a large number of banks we also know institutional funding requirements inside out. The market place is fast moving. Changes in legislation and the commercial environment have a very rapid impact on commercial lease drafting and on what is or is not institutionally acceptable. Our on-going training programme serves to ensure that we provide the best possible advice for our client's needs, without them waiting for us to catch up. |