Updates – Page 3
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NewsLaw Society publishes new TA13 form
We’e amended the TA13 Completion Information and Undertakings form to reflect the changes made to the Code for Completion by Post in response to the Court of Appeal decision in the Dreamvar case last year
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NewsConsultation on ‘no-fault’ evictions a step in the right direction, Law Society says
Landlords will no longer be able to evict tenants using section 21 notices in new plans announced by the government.
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NewsRICS consults on new Code for Leasing Business Premises
The Royal Institution of Chartered Surveyors has launched a consultation on its proposed Professional Statement: Code for Leasing Business Premises in England and Wales 2019, 1st edition
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NewsSRA publishes residential conveyancing thematic review
The review found that most firms were fulfilling their obligations, but that there were areas for improvement, including around costs estimates, disbursements and information on leasehold
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NewsCommonhold 'must earn market approval' to be viable leasehold alternative
The Law Society has responded to the Law Commission’s consultation on ‘Reinvigorating commonhold: the alternative to leasehold ownership’.
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NewsFreehold Management Enquiries form launched
Over 14 cross-industry trade and representative bodies, including the Law Society, have come together to create and endorse a new Freehold Management Enquiries (FME1)
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NewsTime to reform the leasehold system, say MPs
The home leasehold system needs reform, the Housing, Communities and Local Government Committee (HCLG) has said, releasing its report on leasehold.
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NewsLaw Society Excellence Awards 2019
Nomination deadline extended: midnight, Friday 17 May 2019 . The Excellence Awards awards showcase excellence across the legal profession.
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FeaturePlus ça change…
Purrunsing, P&P and Dreamvar were the big news in conveyancing last year. But, Peter Rodd asks, were they anything new, or did they just reiterate the ongoing need for constant vigilance?
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FeatureShifting sands
PII is in flux. The market is hardening, free post-run-off cover is ceasing, regulatory changes will introduce classes of solicitor with less or no cover, and proposed changes could reduce minimum cover. Steve Ray and Jenny Screech round up the changes, and the likely effects
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NewsLaw Society updates Code for Completion by Post
The Law Society has published the latest version of the Code for Completion by Post. It will take effect from 1 May 2019
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NewsCLLS updates commercial development management agreement
The City of London Law Society has launched the second edition of its development management agreement (with ancillary asset management services)
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NewsLaw Commission releases consultation on the right to manage
The government has asked the Law Commission to review the right to manage (RTM) legislation to make it simpler, quicker and more accessible, particularly for leaseholders. Find out more, including about how to get involved
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NewsLaw Society rejects case for specialist Housing Court
The Law Society has responded to a Ministry of Housing, Communities and Local Government (MHCLG) consultation exploring the case for a specialist housing court.
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NewsProperty Section committee vacancies
The Property Section is looking for residential or commercial property practitioners to join our Property Section committee.
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NewsLaw Commission to run consultation events on commonhold and the right to manage
The Commission has announced a series of regional events covering both topics and likely to be of interest to professionals
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NewsIFRS 16 and its impact on real estate leases
A change introduced on 1 January 2019, makes significant changes to lease accounting for affected commercial tenants, which is likely to influence the length of leases taken by tenants in future and impact tenants’ earnings and liabilities, with consequential effect on covenant tests
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NewsThe grand scheme
The Law Society has announced the relaunch of the Conveyancing Quality Scheme. Changes will start taking effect from 2019. What will the changes mean in practice?
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FeatureYou should know better
Wayne Johnson explains how elements of the know-your-client process could be automated to reduce costs, increase productivity, free up human experts to apply their experience and judgement, and protect firms against money laundering
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FeatureSupport system
Russell Hewitson, chair of the Conveyancing and Land Law Committee, provides an update on the committee’s work representing and supporting the profession, including around leasehold, fraud and the electronic execution of documents