July edition of Landlord & Tenant E-lert

July 2020

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Dear <<First Name>>,

Welcome to the July edition of Landlord and Tenant E-lert

The issues in this month’s articles are:

Article 1: A court will not intervene to alter the strict terms of a contract or an arbitrator’s decision

Article 2: Is the release of an option to purchase land a taxable supply of services or is it an exempt supply of an interest in land for VAT purposes?

Article 3: On release of a restrictive covenant how is compensation to be calculated when the value of the retained land is unaffected by the proposed development?

Article 4: Do short term sub-lettings on Airbnb and Booking com breach a covenant only to sub let a flat on assured shorthold tenancies?

I hope that you find these articles helpful

Best regards

Rex

Court Declares that it Cannot Alter Strict Terms of a Contract or Overturn an Arbitrator's Decision
There is a powerful public interest in parties to contracts having the freedom to agree how any disputes between them should be resolved.
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Release of Land Purchase Options are VAT Exempt
Is the release of an option to purchase land a taxable supply of services or an exempt supply of an interest in land for VAT purposes?
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Releasing Restrictive Covenants - How Should Compensation Be Calculated?
Restrictions on the use to which land can be put – known as restrictive covenants – often lurk in title deeds and obtaining their release as a precursor to development can require payment of compensation.
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Upper Tribunal Declares Leaseholders in Breach of Covenant on Short Term Lettings
Tenants should take professional advice before renting out their homes to short-term paying guests via Airbnb, Booking com or other internet booking sites.
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