Description
Pre-contract enquiries are a vital component of leasehold transactions.
This webinar is designed to provide a practical overview of the issues that arise when advising a client on the Leasehold Properties Enquiries form (LPE1).
This webinar was recorded in October 2022, but its content was updated in December 2023 to ensure that it was up to date.
This session will include the following:
- The importance of collateral documents (i.e. other than the lease), such as licence to assign, certificates of compliance and deeds of covenant
- Pitfalls related to unauthorised alterations or additions revealed by the replies
- Are pets allowed by the lease and/or landlord?
- Practical issues arising from service charges, reserve funds, section 20 notices, consultation requirements
- Buildings insurance: is standard cover available? Are Airbnb lets covered?
- Fire risk assessments and EWS1s: key matters to consider
- Purposes of the questions about disputes, forfeiture, enfranchisement and lease extensions
- Are the leases in the block substantially similar?
- Possible risks where the landlord is absent
Important Note: This webinar briefly mentions the questions added in 2023 on the Building Safety Act 2022, as the presenter covers the Act in greater depth in other presentations.
Important Note: