What is it property fraud? This can be when fraudsters sell or mortgage your property, without your knowledge. Fraudsters will steal a property owner`s identity and make vital changes to the property ownership. The sale or mortgage of a property would result in financial gain for the fraudsters. A purchase can also result in property […]
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The Commercial Rent (Coronavirus) Bill (“the Bill”) was introduced on 9 November 2021 and, if approved, is expected to be passed by 25 March 2022. The bill provides relief for commercial tenants who were affected by the mandatory closing of businesses during the COVID-19 outbreak and have accumulated rent arrears. Debts accrued outside of the […]
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I have recently joined the Property team at Woodfines as a Paralegal and I have been encouraged to undertake numerous training opportunities. Part of my training has involved watching webinars, the most recent of which being a webinar outlining the importance of the Contract for Sale. The contract can be considered the most important document […]
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There are many reasons why you may consider selling your business. You may have multiple locations/brands and want to concentrate on only certain aspects. You may want to start a new project. You may want to step into your well-earned retirement! Whatever the reason, you should begin planning your sale now. We recommend that you […]
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A Guarantor is defined as a “person or entity that agrees to be responsible for another’s debt or performance under a contract, if they fail to pay or perform.” Guarantors are generally seen in commercial property transactions including leases, purchases and development agreements. The use of a Guarantor in such transactions can prove equally beneficial […]
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In the legal industry it is becoming more and more common to see future solicitors starting out their legal career as paralegals. Whilst paralegal experience can be invaluable in building the key skills necessary for completing a training contract, the transition from paralegal to trainee solicitor is equally daunting as it is exciting. I was […]
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