Property litigation solicitors in Manchester, UK by BlackstoneSolicitorsLtd? Some individuals review their Wills regularly ensuring that they amend them to take account of a change in family or personal circumstances. However, those that don’t may find that on their death their Wills may not reflect their own last wishes or the expectations of those they have left behind. There are a number of reasons one might wish to make a Deed of Variation, for example, to make provision for someone who was excluded from the Will, to take account of differences in the financial position of beneficiaries, or to simply pass assets on to the next generation. There may well be other financial reasons to consider. At Blackstone, we can help to ensure a Deed of Variation achieves the outcome you are looking for. It is imperative that you seek expert legal help as once a variation has been made it cannot be undone.
What is a Shareholders’ Agreement? It is an agreement between all or some of the shareholders in a company. It seeks to protect the shareholders’ investment in the company, to set out the working relationship between the shareholders and to govern how the company is run. The agreement will contain rules which regulate the relationship between the shareholders. Protections for both minority and majority shareholders can be included. How does a Shareholders’ Agreement Help a Minority Shareholder? If you hold less than 50% of the shares in a company, you are a minority shareholder and you will generally have little or no say in the running of the company. As companies are generally run by majority decision, even if the articles purport to protect the minority shareholders, articles can be changed by passing a special resolution at a meeting of the members (special resolutions can be passed if 75% of the holders of shares vote in their favour). There are some laws in place which provide protection to minority shareholders.
Are there any restrictions on transferring the ownership of a property with a mortgage? In addition to passing your lender’s eligibility checks, there are other factors that could prohibit you from transferring the ownership of the property with the existing mortgage. These include: If the property is buy-to-let and one of the ‘new owners’ intends to live in the property, If a person being removed from a mortgage will still be living in the property – at the very least they will need to waive any rights to occupation. Conditions vary from lender to lender and so it is important to get in touch with them as soon as possible in order to find out if there is anything that could affect your ability to transfer ownership.
Blackstone Solicitors has flourished since it was started by Emma Nawaz on 6th October 2010. Such was the demand for Emma’s services, that the firm has since expanded dramatically and now boasts a team of highly academic solicitors who share Emma’s passion for doing all they can to help clients get the outcome they deserve. Speaking to a member of our expert team today could not be easier. Simply pick up the phone and call us on 0161 929 0121. Alternatively, fill in our online contact form and allow us to explain why our unique approach can help you. Find more details on boundary dispute solicitors.
Rent arrears recovery doesn’t have to be complicated, especially when you have debt recovery solicitors to help. We have won cases both inside and outside of court for landlords – even where it repossessing a property to recover the rent owed. In many instances, a tenant can simply change their contact details, hoping the landlord gives up chasing payments. Collecting unpaid rent therefore often involves discovering where the former tenant is now situated. Our solicitors are adept at locating and communicating with ex tenants who owe rent.
A break clause is written into the commercial lease from the outset and allows a Tenant (and even a Landlord) to end a lease early by serving a notice on the other party. The lease will set out certain requirements that must be followed to ensure the break is valid, for example, the Tenant may be required to give the Landlord notice that they wish to enact the break clause, and all outstanding monies due must be paid. On the other hand, a Tenant may find that the preconditions set by the Landlord mean that the break clause is, in reality, incapable of being exercised. If both parties opt out of the legislation as part of the lease, there is no automatic right to security of tenure. Under these circumstances, a Tenant can vacate the property without providing notice by informing the other by writing. If a Tenant refuses to vacate the property, the Landlord will usually need to undertake possession proceedings. Read extra info at here.