5. camelot 13-uk-event- clifford chance nvpc slides (without notes) 68061-6-2388 v0.1

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Transcript of 5. camelot 13-uk-event- clifford chance nvpc slides (without notes) 68061-6-2388 v0.1

Page 1: 5. camelot 13-uk-event- clifford chance nvpc slides (without notes) 68061-6-2388 v0.1

The legal issues of

empty properties

Bryan Johnston

National Vacant Property

Conference 6 June 2013

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Overview

Empty Property

Property Management

Rates

Insurance

Insolvency

Multi-let Properties

Trespass

2The legal issues of empty properties Bryan Johnston 6 June 2013

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Empty Property

Property Management

Lease Continuing

– Forfeiture appropriate?

– Surrender

– Enforcement against Tenant

Immediate issues

– Marketing and Re-letting

– Property condition

– Security

– Supplies

3The legal issues of empty properties Bryan Johnston 6 June 2013

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Empty Property

Property Management

Rates

– Relief?

– Solutions

Insurance

– Premium impact

– Policy requirements/Exclusions

4The legal issues of empty properties Bryan Johnston 6 June 2013

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Insolvency

Pre-Insolvency Hard or Soft Ball?

Property unoccupied

Liabilities

Risks to Landlord

Receivers

Administrators

Liquidators

Easing the Pain

5The legal issues of empty properties Bryan Johnston 6 June 2013

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Multi-Let Properties

Impact:

Footfall

new rents

rent review

Insurance rent and Service Charge

Solutions

6The legal issues of empty properties Bryan Johnston 6 June 2013

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Trespass

Uncivilised – Current law

Commercial Property Problems

Managing the risk

Reform

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Clifford Chance, 10 Upper Bank Street, London, E14 5JJ

© Clifford Chance 2013

Clifford Chance LLP is a limited liability partnership registered in England and Wales under number

OC323571

Registered office: 10 Upper Bank Street, London, E14 5JJ

We use the word 'partner' to refer to a member of Clifford Chance LLP, or an employee or consultant

with equivalent standing and qualifications

www.cliffordchance.com

The legal issues of

empty properties

Bryan Johnston

6 June 2013