New build solicitors in Manchester, UK by blackstonesolicitorsltd.co.uk? Some individuals review their Wills regularly ensuring that they amend them to take account of a change in family or personal circumstances. However, those that don’t may find that on their death their Wills may not reflect their own last wishes or the expectations of those they have left behind. There are a number of reasons one might wish to make a Deed of Variation, for example, to make provision for someone who was excluded from the Will, to take account of differences in the financial position of beneficiaries, or to simply pass assets on to the next generation. There may well be other financial reasons to consider. At Blackstone, we can help to ensure a Deed of Variation achieves the outcome you are looking for. It is imperative that you seek expert legal help as once a variation has been made it cannot be undone.
We would not recommend that you include all company decisions in the “unanimous” box as this may prevent the company from actually carrying on any business at all. Investment protection upon sale…tag along… As a minority shareholder you may want a provision to be included in the shareholders’ agreement which requires that, upon the majority shareholder receiving an offer for his/her shares, you as the minority shareholder must be offered the same offer for your shares. This is often referred to as a “tag-along” provision. How does a Shareholders’ Agreement Help a Majority Shareholder? As a majority shareholder (more than 50% of shares), you may want to sell your shares but a minority shareholder is unwilling to agree, then you can include a provision in the shareholders’ agreement which forces the minority to sell their shares. This will allow you as the majority shareholder to realise your investment at a time and price that suits you. The price offered for the shares must be fair for all shareholders, including the minority.
Are there any restrictions on transferring the ownership of a property with a mortgage? In addition to passing your lender’s eligibility checks, there are other factors that could prohibit you from transferring the ownership of the property with the existing mortgage. These include: If the property is buy-to-let and one of the ‘new owners’ intends to live in the property, If a person being removed from a mortgage will still be living in the property – at the very least they will need to waive any rights to occupation. Conditions vary from lender to lender and so it is important to get in touch with them as soon as possible in order to find out if there is anything that could affect your ability to transfer ownership.
Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. Discover additional info at commercial lease solicitors .
General litigation disputes can come in many forms. The team at Blackstone is able to help in any such instance, drawing upon our wealth of experience in these areas to provide the guidance you require. Litigation disputes can include: Professional negligence, Debt recovery, Partnership disputes, Contract claims, Contentious probate claims, Nuisance claims. However, it is important to note that any situation where you are in dispute with another party can give rise to litigation. This is why seeking legal help to ensure you approach disputes in the correct way is so essential – you need to give yourself the best chance of sorting out the matter as quickly and effectively as possible.
There is a common misconception among Tenants occupying commercial premises under a lease that the premises can be handed back whenever they decide they no longer want to occupy them. Some Landlords are also under the impression that they can terminate a lease as and when they choose. Both of these views are incorrect. A lease is a contractual agreement between a Tenant and a Landlord and will last for a fixed period of time. Although some leases will include a clause that allows for early determination, most will run until they end by ‘effluxion of time’. However, there are ways to end a commercial lease early, and these processes will differ depending on who wishes to terminate the lease – the Landlord or Tenant – and under what circumstances and when. Both parties will need to be aware of their legal obligations. To speak to a solicitor about terminating a commercial lease, get in touch with us today by calling 0161 929 0121, or complete our online enquiry form and we will get back to you. Read additional information at here.