Category Archives: Commercial Property

Stamp Duty Land Tax: Just another tax – but don’t be caught out by it if you want to avoid a fine!

Richard Knaggs, Commercial Property Solicitor, issues warning to tenants regarding Stamp Duty Land Tax as he explains more to Tees Business Magazine. As a commercial property solicitor, I act on behalf of both tenants and landlords regarding the leasing of commercial properties. Whether you are landlord or tenant, it’s always a good idea to have […]

Understanding Contaminated Land: What It Is and How to Deal With It

While a desktop environmental search may not directly relate to contaminated land, it serves as a valuable tool

Commercial property transactions: When is a deposit, not a deposit?

When it comes to property law and property contracts, paying a deposit is a common occurrence in buying a property, But when is a deposit, not just a deposit? The deposit acts as security for the seller and is usually part of the overall purchase price, typically upon the exchange of contracts. What is a […]

Commercial Tenants: Receiving a Section 25 Notice

When you entered into your commercial lease, your solicitor likely informed you whether the landlord granted the lease inside or outside the Landlord and Tenant Act 1954 (LTA 1954). This distinction holds significant importance for commercial tenants as it determines their rights to continue occupying the property after the lease term ends. If the lease […]

Hot Property! Exclusivity Agreement

In the fast-paced and competitive property market, buyers often face challenges like bidding wars, inflated prices, and the risk of losing out on their desired properties. To address these concerns and uncertainties, buyers and sellers can enter into exclusivity agreements, also known as lockout agreements. This article explores the concept of exclusivity agreements, their purpose, […]