TC39: READING LEASES

A one day interactive course in learning to read leases constructively, gleaning the essential knowledge to format a bible for each managed property - understanding the practical application of the principles with break out sessions during the day.

THIS COURSE WILL AIM TO COVER:

• Who are the parties, how many parties are there
• Who is the client for ground rent, for service charges
• The demise what is it
• Windows whose responsibility
• External decorations, internal decorations
• Forced entry the clients rights
• Interest on late payment can it be levied
• Service charges to be treated as rent the implications
• Reserve funds allowable or not
• Period of grace for payment
• Mutual enforceability
• Indemnity required for Landlords enforcement in leaseholder disputes
• Landlords consent to assign or sub-let
• Case studies on what can go wrong
• Breakout interactive sessions

WHO SHOULD ATTEND:

This course is for the relatively inexperienced who have some knowledge of the legal framework governing residential long leasehold management but who need to become familiar with the essential information needed to safely and efficiently assist or manage a portfolio

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