Nobody downloaded yet

Property Law&Practice 2 - Coursework Example

Comments (0) Cite this document
Summary
Property Law and Practice Instructor Date Institution The landlord and tenant act 1954 is one of the United Kingdom’s acts. The act extends to Wales and England (Baum, et al., 2011, p. 171). The act has several stipulations, which when followed will help ABC manage the premises effectively…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Property Law&Practice 2
Read TextPreview

Extract of sample "Property Law&Practice 2"

Download file to see previous pages The main reason that leads to the formulation of part II of the agreement was to bring protection to the business tenants. A business tenant having protection by the act will not get any eviction simply by the receipt of notification to relinquish the house, or by the lapse of a fixed term of the tenancy evacuate the room or building. It is stipulated that the landlord, in consideration to evacuate the tenant, has to serve the tenant with an evacuation notice. The tenant, on the other hand, has to respond to, before any action including eviction can be carried out. On the same note, part II of the same act is applicable to the tenancy where the property being used obtains the protection. The act talks of an inclusion of the premises which includes those occupied by the tenant for the use of the business carried out by that tenant. The purpose might be for the specified business, or any other businesses carried out by the tenant. The act has some exceptions such as the one seen in S.43., for the company to improve that all the tenants take a lease period of more than six months. This is already applicable to all the tenants to ABC. The act does not provide a cover from the leases less than six months and have no scope for renewal. Even though both parties involved can agree on not to be covered, it is important to note that having a cover is very important, both to the business and its tenants, as well. Additionally, the tenancy that is granted by purpose of engagement by the guarantor has to be covered. Additionally, a tenancy that has obtained a grant by reason of occupation by the grantor gets excluded from the Act. This holds as long as there is clear agreement that states the purpose for which the tenancy exists. The condition of leasing of the building hall to the tenant who will then lease individual rooms to other businesses may prove productive in the long run. The tenant should take advantage of the fortification offered through the act. As a letting company, the houses should be left under the control of the management. This will ensure maximum returns on the investment carried out. For ABC Company to make significant progress, it has to get a timely and accurate performance of the assets. It should also ensure that it gets market information relating to other people who deal in the same businesses. Any successful investor has to make sure that it embraces core assets management strategies. This has a pivotal role in ensuring that they make better investment decisions. They can also see to it that critical staff gets freed, and those left to manage the property do it diligent and efficiently. It is a common undertaking nowadays that most businesses experience fluctuating business cycles. This problem gets compounded by credit contractors and limited liquidity. Therefore, the company should seek accounting and finance services relating to the following scales; account receivable, Corporate Accounting/General Ledger, account payable, portfolio accounting, as well as fund accounting. To avoid the risk incurred by fluctuations in business, ABC Ltd has to make sure that the terms of leases to do not rely on the profits and losses of the tenants. There are several ways that the property investment can be maximized. They include the following 1 Exit strategy: even though the business has already acquired the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 words”, n.d.)
Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/environmental-studies/1498941-property-lawekekpractice
(Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 Words)
Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/environmental-studies/1498941-property-lawekekpractice.
“Property Law&Practice 2 Coursework Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/environmental-studies/1498941-property-lawekekpractice.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Property Law&Practice 2

UK law property management practice

...? UK Law Property Management Practice Table of Contents Question Extent of traditional al lease being the optimal lease type for different kinds/types of commercial property leasing. Consideration of alternative market leases, general and specific situational advantages and disadvantages analysis of such alternative forms of leases in the market 3 Question 2: BigBucks Plc Case- Other things to consider and check. Alternative courses of action available in law contexts. Lease terms, other documents, position of management, practical situation the firm finds itself in. Advantages and disadvantages of different alternative...
13 Pages(3250 words)Essay

Property Management, Law & Practice: Scenario Report

...? Property Management, Law and Practice Property management entails maintaining assets in proper condition to enable businesses to run smoothly in a secure and safe environment (Ho 2005, p.46). Leasehold ownership of property refers to long-term occupancy of the property with an absolute to enjoyment of the property in accordance to the agreement between the actual owner and the occupant. While at the initial stages the conditions for occupancy are invariable, these conditions fluctuate over time hence providing the parties to adjust the same in accordance to the prevailing market conditions (Greenhalgh & Rogers 2010,...
14 Pages(3500 words)Essay

Property Law

...in England and most of the Commonwealth take effect when a person dies without leaving a will in accord with the Inheritance (Provision for Family and Dependants) Act 1975. This provides for most of the person’s wealth to go to the spouse, and the rest to be shared among the children. The sharing of wealth follows the principle of blood proximity, and dependency, as well. In relation to fox hunting as mentioned in the will, The Hunting Act 2004 (c 37) passed by the U.K parliament to ban hunting of deer and foxes. In the case of Kostic v Chaplin & Ors, the court overturned the awarding the Conservative Party a part of his estate because Branislav Kostic’s son convinced the court that his father was of unsound mind when preparing the will....
5 Pages(1250 words)Essay

Property law

...Property law The first case regarding the use of the jointly owned property between by Barney, Floyd, and Howard, pertaining to the issue of settlement by Ernest on a property, has its legal basis be drawn under the legal concept of Adverse possession, which provides for the alternative ownership of property by a disseisor (not the real property owner), without compensation (Martin, 77). Under this provision of the law, an individual who has possessed the property of another for a reasonable period of time can be rewarded with the ownership of such property, subject to the fulfillment of...
3 Pages(750 words)Case Study

Property law

...to relevant expertise, gain from innovative managerial skills and practices, spreading of risks and a large pool of capital. The disadvantages include extensive efforts and time to create the right relationship for partnership, imbalance in the levels of investment, expertise and assets invested by partners, and differences in business objectives that may hinder cooperation and integration (Miller,Ragazzo,& Hamilton,2011). In my opinion, sole- proprietorship is the best option that Betty should consider when establishing her business. Since she has a potential customer base of Christians in her area and a source of capital from her husband, she should set up a sole proprietorship business because it is easy to start, she...
3 Pages(750 words)Case Study

Law of Intellectual Property 2

...as “of real importance of value” qualitatively and “considerable amount” quantitatively. Courts have adopted both quantitative as well as qualitative tests to determine substantiality which will differ from one case to another. Because of this, it is not practicable to lay down hard and fast rules as mentioned by Jervis CJ in Sweet v Benning (1855) Lord Arwick has defined “substantial part” if the copying has encapsulated the essence of work that renders purchase of the work not essential. Some other Lords have said that turning the question of facts into question of law through a definition is erroneous. Four factors courts have adopted in the past to determine substantiality are (1) the quality of the...
8 Pages(2000 words)Essay

Property Law

...; “A period of 12 years is a long period during which to neglect a property completely.”20 However, by allowing the squatter the right to apply for ownership to the land, the Land registration Act has shifted the issue of possession of land from that of purely physical possession to the necessity to demonstrate actual ownership of title. After three years, squatters will have the option to apply for ownership only if they continue to remain in physical possession of the land for at least two more years over and above the ten year period specified in the Act. Through the provisions of the Act, the focus and thrust of land law has shifted from provisional title to actual ownership, through the provision of...
8 Pages(2000 words)Essay

Property law

...of 1972 * Landlord and Tenant Act of 1954 * Law of Property Act of 1925 Cases cited: * A-G of Hong Kong v Humphreys Estate (Queens Gardens) Ltd. [1987] A.C. 114, M&B(L) 72 * Bruton v London and Quadrant Housing Trust (2000) 1 AC 406 * Centaploy Ltd v Matlodge Ltd (1974) Ch 1 * Crabb v Arun D.C. (1976) Ch 179 * Diwell v Farnes [1959] 1 W.L.R. 624 * Dyer v Dyer (1788) 2 Cox Eq. 92; 30 E.R. 42 * Gardner v Marsh and Parsons (1997) 15 EG 137 * Greasley v Cooke [1980] 1 WLR 1306 * Hammond v Mitchell [1991] 1 WLR 1127 * Lace v Chantler (1944) KB 368 * Layton v Martin [1986] 2 FLR 227 * Lloyds...
14 Pages(3500 words)Essay

Property Law

...moveable and immoveable properties, Tim should have signed the deed. c) The third deficiency, the copyright of text book on property law, was not assigned to John, and the share certificates were not transferred in the name of John that were kept with the solicitor of Tim. d) Last pay Cheque that was given to John, called back which was not endorsed by the employer. e) As far as the rights of moveable and immoveable properties of John are concerned, according to new will it will go to Kasim and Tobi. They will be the ultimate beneficiaries. Bin has nothing to with the estate of John. However, Ben will inherit the estate of Tim. Case Examples 1) Sen v Headley [1991] Ch...
5 Pages(1250 words)Essay

Property & Law

...assertions that a convergence is occurring in the conceptualization and practice of planning between the U.S. and Europe, fears characterized as the “socialization” of the U.S. and the “Americanization” of Europe in their respective approaches to planning, government, property rights, and so on” (Norton & Bieri 16). The Anglo-American is very complex regulation that is connected with the expansion of a circle of owners. In Anglo-American legal system the real right is not defined, but there are different kinds of property ownership instead. In Anglo-American system there is the right for owner competences separation, i.e. the owner without the right of user. In 18-19th centuries in...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Property Law&Practice 2 for FREE!

Contact Us