TRADS CPD BRIEFING – LEGAL UPDATE BY WITHERS LLP
Date: Wednesday 20th March
Time: 4:15pm – 6:30pm
Venue: 20 Old Bailey, London EC4M 7AN
The Tenant Representation Advisors Society invites TRADS Members to attend an afternoon networking event and legal update presentation which will be held at the Withers LLP, 20 Old Bailey, EC4 on 20th March 2024.
Senior members of the Withers real estate and construction team will run a workshop to discuss current landlord/tenant issues particularly in the office sector. It will be run as a live working discussion of current topics which will include the following:
- Discussing the treatment of premium rent relating to Cat A+ space fitted out by the landlord on rent review and the amortisation period.
- Considering the construction elements relating to such works including warranties from the contractor and key members of the professional team.
- Reviewing some of the changes introduced by the Building Safety Act and the pitfalls on the wording of collateral warranties.
- EPC ratings - carving out energy improvement works from the service charge.
- Discussing the differences between "improvements" and "maintenance" in a service charge.
- Subletting - considering alienation provisions in respect of security obligations for the undertenant.
- Assignment provisions - what would be reasonable from a landlord's perspective?
- Guarantees – for a limited timeframe rather than for duration of lease?
- From a disputes angle - what is reasonable and unreasonable in alienation provisions?
Withers LLP – https://www.withersworldwide.com/en-gb