Shareholder agreement in Manchester, UK

Property dispute solicitors in UK by blackstonesolicitorsltd.co.uk? We believe communication is of the utmost importance. We will therefore keep you updated as things develop and our solicitors will provide practical, straightforward legal advice so that you can be confident everything is progressing as you would like. There are certain requirements that must be satisfied when preparing a Deed of Variation to your Will. The instrument of variation must be in writing. There is no formal requirement for a deed, unless one is required for another reason (for example if land is involved). However, it is good practice to execute a deed as this will ensure that the variation is enforceable. The variation must be made by the individual who benefits, or who would benefit, under the Will or intestacy and who is giving up that benefit. The beneficiary who is redirecting his/her entitlement must sign the deed of variation. The beneficiary must be “sui juris” i.e. must be of full age and capacity.

For example, if the company were to enter into a contract with another company which was owned by one of the Directors and this would be much less favourable than a similar contract with another, unconnected, business, then the company will suffer as its profits will be reduced. The director in question would make a personal profit at the expense of the company. These claims are rare because although the shareholder can issue the court proceedings to get things going, the court must give permission for the claim to continue to trial. Permission is not easy to obtain. The shareholder will get no direct benefit by going to court but the company will be protected and that helps the shareholder in the long run, as it protects the shareholder’s interest in the company.

Transferring ownership – how does it work? If the transfer has been approved by your lender, or if the mortgage has already been paid off, then the process works a number of stages. These stages include: Contact solicitor to prepare a transfer deed, and if a mortgage is involved a new mortgage deed, The solicitor will deal with the registration of the transfer at HM Land Registry, Be aware that if the property is leasehold (for example an apartment) you will have to inform the landlord and will have to pay notice fees to them, Check with your solicitor to find out if you are liable to pay Stamp Duty, You may be exempt from Stamp Duty if the transfer of property ownership is taking place as part of a divorce settlement.

Blackstone Solicitors has flourished since it was started by Emma Nawaz on 6th October 2010. Such was the demand for Emma’s services, that the firm has since expanded dramatically and now boasts a team of highly academic solicitors who share Emma’s passion for doing all they can to help clients get the outcome they deserve. Speaking to a member of our expert team today could not be easier. Simply pick up the phone and call us on 0161 929 0121. Alternatively, fill in our online contact form and allow us to explain why our unique approach can help you. Read more details on Blackstone Solicitors.

What will I need to do during the rent recovery process? Blackstone Solicitors will perform the vast majority of work during the rent recovery process. We understand that chasing money can be exhausting and stressful, which is why we take appropriate steps to alleviate the burden. All we need from you are copies of: Property ownership documents, Details about the tenant, The tenancy contract, Evidence that you did not receive the money you are attempting to claim back, Evidence that the tenant left your property within the last six years.

There are a number of reasons why a Landlord or Tenant may want to end a commercial lease early. In any event, and notwithstanding the reason, there are steps that must be taken in order to ensure that the lease can be determined. Below we outline the reasons and the complications that can arise. Conduct would include delivering the keys to the Landlord and the Landlord accepting receipt so that the lease comes to an end. However, both options would require the Landlord to agree to the Tenant surrendering the lease. The Landlord may also ask for a payment to be made as ‘compensation’ for the loss of rental income. Similarly, if the Landlord wishes to determine a commercial lease early, it can ask the Tenant for a surrender. In this instance, the Tenant is not obliged to agree and may accept to surrender upon payment of a premium. Find even more info at https://blackstonesolicitorsltd.co.uk/.