Lease Review
A correctly drafted lease can help to minimise service charge default and reduce the chance of disputes with leaseholders. The experts at Brady Solicitors can review your lease to ensure it supports your objectives.
Understanding the lease
Although in the ideal world every lease would be crystal clear on every possible scenario in relation to leasehold property, this isn’t always the case. Sometimes a lease will have been in existence for hundreds of years, having been extended with very few or even no amendments, leading to it being out of date. Alternatively, the wording within a lease may be interpreted differently by different people, so an expert solicitors opinion may be required, which is where Brady Solicitors can help.
Bradys’ lease review service
- Are you confident that your leases support swift payment of service charges and good leaseholder relations?
- Found yourself unsure who is responsible for funding some necessary repairs?
- Is there a dispute over the interpretation of wording within a lease?
- Do your leases enable you to recover administration fees, interest, legal costs and subletting fees?
- Is your team familiar with the content of your leases when they face a query from a leaseholder?
Brady Solicitors’ lease review service is a valuable tool for the busy property manager, as it can provide clarity on details within the lease which may have otherwise been interpreted differently. We check each clause in the lease to ensure that it supports your business objectives and we then supply you with a bespoke summary document to enable you to answer lease-related queries quickly and efficiently.
Should your lease review identify areas for improvement we can talk to you about how best to vary the leases to secure this improvement. Sometimes it can be faster and more effective to amend the memorandum and articles and we can support you through this process.
Useful information
We blog regularly on a range of property-related legal matters, from service charge arrears recovery through to lease extensions. We also aim to bring up to date, easy to read analyses of recent cases to help readers stay informed. Many of our blogs arise from questions we are asked by our clients; to suggest a possible blog topic please do get in touch.
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Get in touch
For help or advice on a legal property management question contact the friendly and expert Brady Solicitors team to find out how we can help you.
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