Commercial Property is a thorough and practical introduction to all the main areas of commercial property practice. Part I of the book covers all the issues that need to be tackled when considering site acquisitions and includes a detailed examination of the town and country planning requirements. Part II examines principles of commercial leases, highlights the important clauses and gives advice on the termination of a lease. Part III provides an introduction to insolvency and its relevance to property acquisition and the relationship of landlord and tenant. This new edition has been thoroughly updated, and now includes new sections on types of commercial property, the reasons for acquiring commercial property and the methods by which acquisitions can be funded. The latest developments in the structure of the Town and Country Planning system are considered, together with the current position on the Community Infrastructure Levy. There is a new section on environmental permits and regulation, together with an explanation of the Carbon Reduction Commitment scheme. The construction chapter now contains explanations of the different types of procurement structure and the methods by which disputes can be resolved.
In Part II, there is an explanation of the latest developments in the law on the liability of guarantors under authorised guarantee agreements.