CPI Update - Issue 65 - February 2009

The February 2009 issue of the Commercial Property Information Update contains:

Case law commentary on:

• Landlord and tenant; seeking licence to sub-let - Lombard North Central plc v Remax Herbarne Ltd;
• Virtual assignments of leases - Clarence House Ltd v National Westminster Bank plc;
• The validity of a break notice - Orchard (Developments) Holdings plc v Reuters Ltd;
• A slightly alarming case on solicitors’ undertakings - Angel Solicitors v Jenkins O’Dowd & Barth;
• Town and village green applications - R (on the application of Lewis) v Redcar and Cleveland BC;
• The extent of a landlord’s right of entry - Possfund Custodian Trustee Ltd v Kwik Fit Properties Ltd;
• The unconventional practice of affixing pre-signed execution pages to a document - R (on the application of Mercury Tax Group Limited) v HMRC;
• Using extrinsic evidence to resolve boundary disputes - Piper v Wakeford.

Legislative developments in relation to:
Insolvency – pre-pack administrations
Home Information Packs – HIP (Amendment) Regs. 2009

Practical comment on:
Priority of mortgages – further advances
Security for performance - guarantees and indemnities
Rent deposit deeds – money held on trust
Rent deposit deeds – City of London deed
Professional conduct – Undertakings in a banking crisis
Land Registry – the end of the transitional period for forms
Mortgages - Mortgage repossession practice note
Quarterly rents – Changing the frequency of rental payments: BRC standard letter

Published 31st January 2009.