Portfolio ManagementMost solicitors firms in England will tell you that they specialise in buying and selling property. Merely buying property or selling it, however, is only part of the story. The most successful property investors actively manage the properties in the meantime. Having acted for pension company investors, property plcs, major occupiers and single purpose vehicles, we know what to look out for and what to concentrate on.
Poor or lax management, with ineffective documents or approvals which have missed opportunities, will adversely affect income or capital return from property ownership. Even when dealing with the largest city law firms, at Carter Lemon Camerons we frequently find ourselves rehearsing what can and cannot - or what should and should not - be done in terms of property management. This is done not to "score points" but to protect the rights of our clients: the right to assign a lease and move on, the right to vet properly the proposed assignee, the right to regulate tenant mix, and our clients' rights in any insolvency situations; the list could go on endlessly. Very many property owners or occupiers are exposed in relation to property management. Few lawyers or surveyors see - and practise - it as a specialism. Carter Lemon Camerons do and we promise to excel. |
Related InformationBuyingSelling Funding Portfolio Management Landlord & Tenant Development Planning & Environment Joint Ventures |