Category: Rent Monies
In terms of what is an 'interim rent' under a lease renewal of a commercial property, this is the middle adjusted rent between the end of the old lease and the start of the new lease.
The meaning of such an interim rent is only regarding business tenants where the Landlord and Tenant Act 1954 applies, which is the law that provides them a right to a new lease rather than the landlord being able to evict them (or at least paying them compensation in some cases where they can legitimately do this).
However, even where this applies, in reality, you may not require this level of detail.
A landlord and tenant may well agree to things amicably without all this legal fuss, and simply start a new lease and rent where the old one ends.
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Category: People Interests
Having someone at the entrance to a property seems a real luxury to many – whether a helpful person at the lobby of an apartment block, or an on-site concierge at the reception of a shared office block.
They’re there to make life easy for everyone occupying and having an interest in the property, which is maybe why people may assume it’s easy to appoint them.
However, in reality there’s more to this, something that any good Property Manager will know. Behind the scenes there is an array of paperwork, property issues, and procedures that can help this person do this job well.
The Top Ten Factors
Therefore, here are the top ten ones to consider, whether you’re a property manager needing to hire or manage such a person, an occupier...
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Category: People Interests
The car-wash industry has evolved over the last fifteen years to more of the hand washes you often see at the side of the road now, and lots of them.
This has come on the government radar to watch in terms of these being run correctly and compliantly, not just from a property and land perspective but from a people and employee one as well.
There’s a new guide here which goes into research and insight, therefore if you’re involved in anyway with these then it’s something to take note of, whether you’re a landlord renting out, an operator renting, or a middle-man advisor.
Therefore, here is our quick overview of the issues you need to be looking at from a property management perspective.
1. Water Discharge
This is probably one of the...
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Here are various blog resources related to the rent that is paid at properties, with sub-category information on Rents here. Whether you're a landlord receiving, tenant paying, or middle-man managing. Right through from how to correctly charge and collect to how it needs to change over time, this is often the most important factor to managing let properties, and includes simular variations such as licence fees.
Here are various blog resources related to non-rent monies and payments, with sub-categories of service charges, fees, and other monies and costs/charges. These can be directly charged or hidden away, and are important to know what you may have to pay or might be able to charge another property interest for.
Here are various blog resources related to the insurance of properties, ranging from the main building cover to ancillary ones like contents, with sub-category insurance ones here. Whether it's the premium to pay or the policy to correctly arrange, these help explain what's needed from the perspective of different property interests.
Sales & Lettings
Here are various blog resources related to the sales & lettings of a property, and all related transactions, with sub-category resources of Sales & Lettings. Whether you're involved in these directly yourself, or you're working with other sales/letting agents and interests, these help highlight important property managemnet factors to consider.
Leases & Titles
Here are various blog resources related to all forms of leases, titles, and legal documentation involved with property interests, with sub-categories for Leases and Titles resources. Whether a straight forward lease agreement or complicated legal documentation, here is help to understand what you're trying to achieve and then practically how to easily do this.
Here are various blog resources related to all the taxes involved with property interests, from VAT and SDLT, to income and capital gains, to rates and council tax - chcek out the Tax sub-category. These will help you work alongside other accounting and tax advisors to make sure you cover all bases to reduce your overall tax liabilities.
Services & Compliance
Here are various blog resources related to the services and compliance at a property, with sub-categories of Fire Safety, Security, Cleaning & Hygiene, Health & Safety, Utilities & Energy, Maintenance, Other Services, Facilities, and Planning. These range from say your fire and health and safety compliance, through to services like cleaning and utilitities. These resources help provide an overview of each area without getting too technical, so you can plan it all in at the right time and best cost.
Here are various blog resources related to any other general subjects involved with properties and their interests, including sub-categories of Procedures, Principles, and Special Occasions. So whether it's the basics of property management, or more specific property issues and queries that don't naturally fall in the other categories, you'll find them all here.
Condition & Repairs
Here are various blog resources related to the condition of a property and any repairs and alterations required, with sub categories of Condition and Repairs. Whether it's a reactive roof repair, pro-active maintenance plan, or carefully-chosen contractor - these help explain how to effectively keep properties in the right condition.