Are standard leases the new norm?
In the current market, it is very common to hear property industry people talking about how we are in ‘challenging times’ and that ‘transactions are taking longer’ or are ‘harder to get across the line’.
A successful deal relies on getting signatures on documents quickly and no more so than with tenants. It is risky to give tenants too much time to change their minds.
This means that landlords and developers, now probably more than ever, want to keep the ‘legals’ side of the leasing process as simple and quick as possible, to speed up the process, but also to reduce costs…
Click on the link below to read the rest of the Gateley briefing.
News from Gateley
News from The Lawyer
Briefings from Gateley
Commercial litigators have been bombarded over the last year or so with scary cases on costs. The litigation landscape is changing.
In a recent case, the court had to consider the interpretation of contract documents where there are ambiguities in the order of precedence.
Analysis from The Lawyer
The Law Society recently published guidance to assist solicitors draw up Shariah-compliant wills, causing outrage in some quarters. Gateley’s Haroon Rashid explains the facts.