Pub Date : 2018-08-01DOI: 10.1093/he/9780198823223.003.0009
M. Richards
This chapter deals with important issues arising in relation to a mortgage taken out by a client to assist in financing the purchase of a property. It looks at the most popular types of mortgage, the impact of the Financial Services and Markets Act 2000, and other matters, including important professional conduct issues. It also considers mortgages of leasehold property and mortgages of commercial property.
{"title":"9. Mortgages","authors":"M. Richards","doi":"10.1093/he/9780198823223.003.0009","DOIUrl":"https://doi.org/10.1093/he/9780198823223.003.0009","url":null,"abstract":"This chapter deals with important issues arising in relation to a mortgage taken out by a client to assist in financing the purchase of a property. It looks at the most popular types of mortgage, the impact of the Financial Services and Markets Act 2000, and other matters, including important professional conduct issues. It also considers mortgages of leasehold property and mortgages of commercial property.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86124240","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/he/9780198823223.003.0003
Robert M. Abbey, M. Richards
This chapter explains the process of conveyancing as a whole through an outline of a typical conveyancing transaction. It describes a transaction in outline; energy performance certificates; the Land Registry Portal; and the Law Society’s Conveyancing Quality Scheme; and the future of conveyancing.
{"title":"3. An Outline of a Conveyancing Transaction","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/he/9780198823223.003.0003","DOIUrl":"https://doi.org/10.1093/he/9780198823223.003.0003","url":null,"abstract":"This chapter explains the process of conveyancing as a whole through an outline of a typical conveyancing transaction. It describes a transaction in outline; energy performance certificates; the Land Registry Portal; and the Law Society’s Conveyancing Quality Scheme; and the future of conveyancing.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"32 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82338565","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/he/9780198823223.003.0010
Robert M. Abbey, M. Richards
Exchange of contracts is the most critical stage in the conveyancing process as it represents the point at which the parties become legally bound to proceed. This chapter examines pre-exchange matters; the process by which contracts are actually exchanged; and matters that should be attended to immediately after exchange has taken place. It also considers the risk and responsibility for buildings insurance, and the consequences of the buyer occupying the property before completion.
{"title":"10. Exchange of Contracts","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/he/9780198823223.003.0010","DOIUrl":"https://doi.org/10.1093/he/9780198823223.003.0010","url":null,"abstract":"Exchange of contracts is the most critical stage in the conveyancing process as it represents the point at which the parties become legally bound to proceed. This chapter examines pre-exchange matters; the process by which contracts are actually exchanged; and matters that should be attended to immediately after exchange has taken place. It also considers the risk and responsibility for buildings insurance, and the consequences of the buyer occupying the property before completion.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78471561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/he/9780198765936.003.0016
M. Richards
This chapter first examines some of the more commonly encountered elements or clauses in most leases. Essentially, it sets out what one might expect to see in a lease of either residential or commercial property. The discussions then turn to the Council of Mortgage Lenders’ Handbook for Solicitors and Licensed Conveyancers England and Wales; defective leases; liability on covenants in leases: enforcement; granting new leases; existing leases; and enfranchisement.
{"title":"16. Leaseholds","authors":"M. Richards","doi":"10.1093/he/9780198765936.003.0016","DOIUrl":"https://doi.org/10.1093/he/9780198765936.003.0016","url":null,"abstract":"This chapter first examines some of the more commonly encountered elements or clauses in most leases. Essentially, it sets out what one might expect to see in a lease of either residential or commercial property. The discussions then turn to the Council of Mortgage Lenders’ Handbook for Solicitors and Licensed Conveyancers England and Wales; defective leases; liability on covenants in leases: enforcement; granting new leases; existing leases; and enfranchisement.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"32 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90672037","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/HE/9780198823223.003.0020
Robert M. Abbey, M. Richards
This chapter considers the process by which students are required to demonstrate their knowledge and abilities on property law and practice-the subject assessment or examination itself. It presents some hints and tips to enhance and improve examination technique.
{"title":"20. Assessment Guidance","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/HE/9780198823223.003.0020","DOIUrl":"https://doi.org/10.1093/HE/9780198823223.003.0020","url":null,"abstract":"This chapter considers the process by which students are required to demonstrate their knowledge and abilities on property law and practice-the subject assessment or examination itself. It presents some hints and tips to enhance and improve examination technique.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"19 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76339067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/he/9780198823223.003.0005
Robert M. Abbey, M. Richards
This chapter considers issues relating to the drafting the contract for the seller. These include occupiers and tenancies; seller’s duty of disclosure; formalities; contents of the contract; deposit; completion; title guarantee; indemnity covenants; sales of part; option agreements; and conditional contracts.
{"title":"5. The Draft Contract","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/he/9780198823223.003.0005","DOIUrl":"https://doi.org/10.1093/he/9780198823223.003.0005","url":null,"abstract":"This chapter considers issues relating to the drafting the contract for the seller. These include occupiers and tenancies; seller’s duty of disclosure; formalities; contents of the contract; deposit; completion; title guarantee; indemnity covenants; sales of part; option agreements; and conditional contracts.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"32 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76019937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/HE/9780198823223.003.0011
Robert M. Abbey, M. Richards
The purchase deed transfers the legal estate in the property from the seller to the buyer. Whereas the contract sets out what the parties have agreed, the purchase deed actually puts those agreed terms into effect. This chapter discusses drafting and approving the deed; forms of purchase deed; the plan in a purchase; execution of purchase deed; and advising the client.
{"title":"11. The Purchase Deed","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/HE/9780198823223.003.0011","DOIUrl":"https://doi.org/10.1093/HE/9780198823223.003.0011","url":null,"abstract":"The purchase deed transfers the legal estate in the property from the seller to the buyer. Whereas the contract sets out what the parties have agreed, the purchase deed actually puts those agreed terms into effect. This chapter discusses drafting and approving the deed; forms of purchase deed; the plan in a purchase; execution of purchase deed; and advising the client.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"61 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77794832","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/HE/9780198823223.003.0012
Robert M. Abbey, M. Richards
Pre-completion searches are a critical part of any property transaction and conveyancing practitioners must be fully acquainted with all aspects of pre-completion searches. This chapter discusses pre-completion procedures; pre-completion when acting for the buyer; pre-completion when acting for the seller; pre-completion searches; acting for the lender; buying from a company; physical inspection of the subject property; and completion statements.
{"title":"12. Pre-Completion Procedures","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/HE/9780198823223.003.0012","DOIUrl":"https://doi.org/10.1093/HE/9780198823223.003.0012","url":null,"abstract":"Pre-completion searches are a critical part of any property transaction and conveyancing practitioners must be fully acquainted with all aspects of pre-completion searches. This chapter discusses pre-completion procedures; pre-completion when acting for the buyer; pre-completion when acting for the seller; pre-completion searches; acting for the lender; buying from a company; physical inspection of the subject property; and completion statements.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81352428","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/he/9780198823223.003.0008
Robert M. Abbey, M. Richards
Deducing title is the process by which the seller demonstrates to the buyer that the seller owns the property and can convey it. In a modern conveyancing transaction the parties will deduce and investigate title before contracts are exchanged. This chapter explains the process of deducing title; investigating title; and some special title situations.
{"title":"8. Deducing and Investigating Title","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/he/9780198823223.003.0008","DOIUrl":"https://doi.org/10.1093/he/9780198823223.003.0008","url":null,"abstract":"Deducing title is the process by which the seller demonstrates to the buyer that the seller owns the property and can convey it. In a modern conveyancing transaction the parties will deduce and investigate title before contracts are exchanged. This chapter explains the process of deducing title; investigating title; and some special title situations.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73987251","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-08-01DOI: 10.1093/HE/9780198823223.003.0019
Robert M. Abbey, M. Richards
This chapter considers the provisions of the Landlord and Tenant Act 1954, Part II, which provides security of tenure for the majority of business tenants by giving them a statutory right to renew their lease or tenancy. It explains the need for ‘tenancy’; need for ‘occupation’; need for ‘the purposes of a business’; key methods of termination under the Act; section 40 notices; interim rent applications; landlord’s statutory grounds of opposition; tenant’s right to compensation; and the terms of the new tenancy.
{"title":"19. Landlord and Tenant Act 1954, Part II","authors":"Robert M. Abbey, M. Richards","doi":"10.1093/HE/9780198823223.003.0019","DOIUrl":"https://doi.org/10.1093/HE/9780198823223.003.0019","url":null,"abstract":"This chapter considers the provisions of the Landlord and Tenant Act 1954, Part II, which provides security of tenure for the majority of business tenants by giving them a statutory right to renew their lease or tenancy. It explains the need for ‘tenancy’; need for ‘occupation’; need for ‘the purposes of a business’; key methods of termination under the Act; section 40 notices; interim rent applications; landlord’s statutory grounds of opposition; tenant’s right to compensation; and the terms of the new tenancy.","PeriodicalId":88929,"journal":{"name":"Marquette intellectual property law review","volume":"63 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76194541","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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