Arma Members Login

Tel +44 (0)20 7978 2607

3rd Floor, 2–4 St George's Road,
Wimbledon, London SW19 4DP

TC51 Property Transfer - Implications for Property Managers

London [LIMITED]

DATE: 22nd March 2017

VENUE: Broadway House, Tothill Street, London SW1H 9NQ

1 day: 09:30AM - 05:00PM

Price for Members of
ARMA and IRPM: £ 195.00+vat

Price for Non-Member: £ 270.00+vat

A one day training course enabling those involved with property transfers to read leases constructively and deal confidently and safely with the process to ensure a smooth transfer of the property to the purchaser.

What you will get out of it:

  • Locate and interpret the specific Lease Covenants relating to Transfers of Property, identifying the actions required by the relevant parties (e.g. Property Managers, Conveyancers, Leaseholders, etc.).
  • Identify the responsibilities of the Conveyancer – Including the use of LP1 forms over Ad-Hoc information requests, etc.
  • Complete an LP1 document accurately and as completely as is appropriate for the purposes of the transfer.
  • Clarify and avoid the potential pitfalls associated with providing inaccurate information or prejudicial information that has not been requested.
  • Identify the requirements for/compliance with: Licences to assign, Deeds of Covenant, Certificates to satisfy restrictions at the Land Registry, etc. – when and why they may be required.
  • Stock transfer forms and issuing new share certificates (dealing with lost Certificates!).
  • Receipting notices of transfer and / or charge.
  • Ensure all charges due are accounted for and paid to the point of transfer. (This includes any remedial action that may be allowed if an account is not cleared.)
  • Deal appropriately with possible year end deficits/credits as part of the conveyance process.
  • Identify the key elements of effective welcome correspondence to new leaseholders.

Who should attend?

  • Legal staff who need to understand the requirements of the lease in the transfer of property
  • Property managers whose input is required during the property transfer
  • It may also be suitable for any other members of staff who are involved in property transfer and Company Secretary duties

Statistics:

Rating

Share this article:

Book A Place Run In-House Go Back

Subscribe to Latest Training and Events Notifications

@ARMALEASEHOLD: