Objectives
Commercial Property is regarded as one of the high risk practice areas by professional indemnity insurers. Practising in this area demands not just good technical knowledge of land law but a detailed knowledge of many other areas of law and some non law aspects. This course will point out some of the common traps encountered when dealing with:
Content
- Introduction to Commercial Property risk – the main reasons we get sued
- The main risk areas and how to avoid them
- Services of Notices – recent cases – examples of
- Methods of service
- Completion notices – Mutually Assured Destruction
- Lease break clauses etc
- Fraud and money laundering
- Attendance notes
- Post April 2014 (SS 198-199 joint elections)
- SDLT – how to understand and manager the risk
- The need for explanatory letters, disclosures, questionnaires and retention of returns
- Consideration, linked transactions, connected parties and knowing when not to attempt to advise
- Risk management using title insurance
- Your regulatory requirements
- What is title insurance – making sure the client understands what it is
- The main providers
- Insurance – how to make sure it isn’t money for old rope
- Key points to look for in policy terms
Who should attend: All commercial property lawyer.
How To Book
Please contact your Learning & Development Manager if you are interested in this course.