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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Property worries during Covid-19 lockdown

If you are a commercial landlord or tenant, what does the Coronavirus Act 2020 mean for you ?   BREAKING NEWS!! Matters are moving so quickly that since preparing this article on 31 March 2020, the following update needed to be added ! Working in retail, hospitality or leisure business? Two reliefs are available for businesses in these sectors: A holiday from business rates for the 2020-2021 tax year. Cash grants up to £25,000 may be given to businesses in…

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Taking the positive out of lockdown

Taking the positive out of lockdown - health check your business and upgrade your legals!   While we are all hopefully staying healthy and safe, this is also a time to refocus on business and protect what we’ve worked so hard to build. Contracts and breaches of contract due to lockdown? We’ve blogged here about the most frequently asked questions around performing or not performing obligations under a contract, namely “force majeure” and how on earth does it work in…

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Moving house in lockdown

Buying and selling houses during lockdown: to move or not to move? We’ve seen a lot of articles and blogs on this topic and thought we’d offer a bit more detail. Covid-19 and the current lockdown situation has of course caused concern for everyone, but what if you are due to move house? What are the implications of the lockdown: should you exchange contracts if you haven’t yet, what happens if you have exchanged but don’t want to move during…

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Contracts and Covid-19

Contracts and Covid-19: What does it mean? Are contracts still binding under lockdown ? The ongoing epidemic has posed significant risks to businesses with disruptions in supply chains, cancellations of events and the closure of many services, but what does this mean for contracts that are in place? Is there a “get out of jail free card” to avoid obligations? Under English law contracts are, in principle, absolute. In general terms, any failure to perform an obligation under a contract…

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On the Money: Managing Legal Fees for Small Businesses

On the Money Managing Legal Fees for Small Businesses According to analysis of an extensive YouGov poll carried out by the Centre for Economics and Business Research (CEBR), the UK’s SME’s are losing up to £13.6 BILLION every year due to failures in taking care of their legal matters. That’s a lot of money. So what’s going on? Tiger Law has some answers. Managing Legal Fees for Small Businesses The CEBR reports that UK business owners display reluctance to engage legal advice…

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Forward Thinking on the Unthinkable: Everyone’s Guide to Lasting Power of Attorney

Lasting Power of Attorney What it is, why you need it and how to get it right. Need this in print? Download a pdf of Tiger Law's Guide to Lasting Power of Attorney We’ll start this by wishing you a long, happy and healthy life. But…may we be blunt? None of us is invincible and sometimes bad stuff happens when you least expect it. It happens to us and it happens to people we care about. It happens to…

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