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Feb 1, 2024 · During 2023, we experienced unprecedented legal and regulatory changes affecting all aspects of real estate. With 2024 now well underway we expect to see more of the same, particularly with a general election on the horizon!
- Real Estate Law. 1.1 Please briefly describe the main laws that govern real estate in your jurisdiction. Laws relating to leases of business premises should be listed in response to question 10.1.
- Ownership. 2.1 Are there legal restrictions on ownership of real estate by particular classes of persons (e.g. non-resident persons)? Not at present. Any person over the age of 18, of whatever nationality, may buy and sell freehold land without restriction.
- Real Estate Rights. 3.1 What are the types of rights over land recognised in your jurisdiction? Are any of them purely contractual between the parties?
- System of Registration. 4.1 Is all land in your jurisdiction required to be registered? What land (or rights) are unregistered? Yes. Unregistered land in England and Wales must be registered on the occurrence of one of several “triggers”, including a transfer, the grant of a lease for more than seven years and the grant of a mortgage.
Apr 24, 2018 · Applicable environment law is a mix of common law and statutory law. Strictly, it is not unlawful for land to be contaminated and there is no absolute obligation to remediate contamination. Generally, legal obligations will attach if the contamination is causing, or has the potential to cause, harm or damage at particular levels (and these ...
Real estate law covers the ownership and use of land in any given transaction, and isn’t too far removed from some of the principles used in property law. It’s a branch of law which refers to the possession and usage of land, and the way in which that land is utilised.
A Q&A guide to commercial real estate law in the UK (England and Wales). The Q&A gives a high-level overview of real estate investment structures; restrictions on foreign ownership; title; tenure; sale of real estate; real estate tax; real estate finance; leases; and planning law. Get full access to this document with a free trial.
Jun 13, 2024 · Commercial property law, also known as real estate law, is a branch of law that deals with issues related to the ownership, use, and transfer of commercial properties. These properties include office buildings, retail spaces, industrial properties, and any other real estate used for business purposes.
The guidance will set out the Law Society’s view of solicitors’ duties specifically in relation to climate change and real estate transactions. This follows the Law Society’s guide to the impact of climate change on solicitors, including in-house lawyers, issued in April 2023.
