Complex Leasehold Titles - A Workshop for Conveyancers
Introduction
Landlord and tenant law is notoriously complex with many pitfalls for residential conveyancers. This course takes delegates through the constantly changing landscape of leasehold conveyancing. The workshops take a look at problematic areas of leasehold conveyancing, common pitfalls and how to avoid them.
It also incorporates changes to the law that have happened in the last two years, together with proposed upcoming changes which will substantially change advice given to buyers. This will include a look at the Leasehold and Freehold Reform Act 2024, the Renters Rights Bill, the draft Leasehold and Commonhold Reform bill and key secondary legislation. As the reform process is ongoing, the course content will be updated to reflect the reforms as at the date the session is given.
By the end of the day, conveyancers will be equipped to update their reporting documents and processes to incorporate key changes to the law.
What You Will Learn
This course will cover the following:
- Where are we now?
- An overview
- Leasehold and Freehold Reform Act 2024
- Renters Rights Bill
- Draft Leasehold and Commonhold Reforms Bill
- Net zero including Energy Act 2023
- Freehold estate update, critical issues and troubleshooting
- LPE1 pack
- Overview
- Understanding key parts of the LPE1 pack, including building safety and service charge information
- The additional documentation
- Raising additional enquiries
- The “dealbreakers”
- New considerations
- The future for LPE1 packs
- Fire and building safety
- Overview
- Fire Safety Act 2021
- Building Safety Act 2022: historic remediation
- Building Safety Act 2022: new ongoing obligations
- Advising on buildings under 11m
- The key legal documents to report
- Additional enquiries
- The future for fire and building safety
- Conveyancing extras
- Lease extensions - formal and informal
- Deeds of variation
- Licences to sublet, for alterations or for pets, including retrospective applications
- Mortgagee protection clauses & forfeiture
- Lender requirements
- Key assignment documents
- RMCs, RTMCs and commonhold
- Share of freehold - the basics
- RMC vs RTMC - the basics
- Commonhold conveyancing - the basics
- Service charge vs company expenditure
- Reporting on becoming a director
- Reporting on becoming a shareholder or member
- Troubleshooting
- The future for RMCs, RTMCs and commonhold