If you own a leasehold property, you will be liable to pay various additional fees to the freeholder. This includes ground rents and service charges. What is ground rent and service charge? Ground rents and service charges can often form the basis of disagreements and disputes between leaseholders and freeholders, so it is important that…
A shareholders’ agreement sets out the rights and obligations of shareholders and is a binding legal contract between the shareholders and the company. A well-drafted shareholders’ agreement can give members a say in the running of the company and prevent misunderstandings and disagreements from arising in the future. By asking an expert corporate solicitor to…
When a shareholder wants to sell their shares or leave a small company it can upset the equilibrium of the business. Sale to another shareholder could mean the distribution of shares and any accompanying voting rights becomes weighted in favour of one person to the detriment of others. There are ways to avoid this to…
When your lease expires, it can be an opportunity to renegotiate the terms before you sign a new version. If your lease is protected by the Landlord and Tenant Act 1954, you will have security of tenure, or a statutory right to renew the lease. You will need to inform your landlord that you wish…
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