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Glossary

Abstract of title A traditional method of deducing title used in unregistered conveyancing. Although rarely used now in practice, an abstract will summarise all dealings with the property interest, beginning with the root of title. It will also mention whether documents have been stamped and executed, although it is up to the person investigating title to check that the stamping is sufficient and the execution appropriate. Accelerated receipt A percentage reduction in the amount of compensation paid…

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Can I make a will during Lockdown

With the current Covid-19 situation, understandably more and more people are thinking proactively about getting their affairs in order, and perhaps making a will is one of those things that once was something to think about in the future, but is now becoming a “must do”. However, there are strict guidelines and rules about the creation and execution of a will, so is this possible during lockdown? Usually, if a solicitor is preparing your will, they would prefer to see…

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Decision Making within a Company

The decisions made within a Company are either the Directors’ responsibility or fall on the shareholders. Whilst quite often, a shareholder will also be a director (and vice versa), it is important to keep the decisions to be made separate. The shareholders make decisions as owners, and the directors make decisions as the managers of the company. When setting up a company, it is often the case that the initial members (shareholders) and directors are friendly and anticipate no issues with…

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GDPR: The Silver Linings

No doubt you've woken up to the fact GDPR is not just a Y2K-style storm in a teacup. It's nearly here and it is a rare business that doesn't need to make some kind of change to comply with it. So how are you feeling about it? Are you sitting there contemplating a nicely ticked checklist and raring to go with your next GDPR-compliant marketing campaign? Or not? Whichever, we think it's time for a look at the positives because…

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