Rent arrears after moving out in UK by BlackstoneSolicitorsLtd

Property litigation solicitors in UK? Regardless of the complexity of the Deed of Variation, our solicitors have the experience and specialist knowledge to help you achieve an outcome that protects and fully represents you and your loved ones. We will take the time to make sure you fully understand the documentation and its objectives. We are 100% committed to ensuring each and every one of our clients receives the highest quality service and we will go the extra mile to ensure that you are happy with the results gained. We understand it can be particularly difficult to deal with matters relating to death and inheritance, and this is why our friendly and approachable team always take a sympathetic and understanding approach, ensuring that you receive the support you need.

What is a Shareholders’ Agreement? It is an agreement between all or some of the shareholders in a company. It seeks to protect the shareholders’ investment in the company, to set out the working relationship between the shareholders and to govern how the company is run. The agreement will contain rules which regulate the relationship between the shareholders. Protections for both minority and majority shareholders can be included. How does a Shareholders’ Agreement Help a Minority Shareholder? If you hold less than 50% of the shares in a company, you are a minority shareholder and you will generally have little or no say in the running of the company. As companies are generally run by majority decision, even if the articles purport to protect the minority shareholders, articles can be changed by passing a special resolution at a meeting of the members (special resolutions can be passed if 75% of the holders of shares vote in their favour). There are some laws in place which provide protection to minority shareholders.

Transferring ownership – how does it work? If the transfer has been approved by your lender, or if the mortgage has already been paid off, then the process works a number of stages. These stages include: Contact solicitor to prepare a transfer deed, and if a mortgage is involved a new mortgage deed, The solicitor will deal with the registration of the transfer at HM Land Registry, Be aware that if the property is leasehold (for example an apartment) you will have to inform the landlord and will have to pay notice fees to them, Check with your solicitor to find out if you are liable to pay Stamp Duty, You may be exempt from Stamp Duty if the transfer of property ownership is taking place as part of a divorce settlement.

Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. See additional details on shareholder disputes.

Rent arrears recovery doesn’t have to be complicated, especially when you have debt recovery solicitors to help. We have won cases both inside and outside of court for landlords – even where it repossessing a property to recover the rent owed. In many instances, a tenant can simply change their contact details, hoping the landlord gives up chasing payments. Collecting unpaid rent therefore often involves discovering where the former tenant is now situated. Our solicitors are adept at locating and communicating with ex tenants who owe rent.

There are a number of reasons why a Landlord or Tenant may want to end a commercial lease early. In any event, and notwithstanding the reason, there are steps that must be taken in order to ensure that the lease can be determined. Below we outline the reasons and the complications that can arise. Conduct would include delivering the keys to the Landlord and the Landlord accepting receipt so that the lease comes to an end. However, both options would require the Landlord to agree to the Tenant surrendering the lease. The Landlord may also ask for a payment to be made as ‘compensation’ for the loss of rental income. Similarly, if the Landlord wishes to determine a commercial lease early, it can ask the Tenant for a surrender. In this instance, the Tenant is not obliged to agree and may accept to surrender upon payment of a premium. Read even more info at https://blackstonesolicitorsltd.co.uk/.