A possible source of trouble
Jenkinson, A.
A possible source of trouble - 2001 - Estates Gazette (0149) 8 December 2001, 109(1) .
Discusses the growing trend for property companies to outsource their property portfolios. Looks at possible difficulties of such a move including whether the landlord may be able to escape liability for any breach of their covenants. Mentions virtual assignments which have developed in order to obviate the need for consent and to protect legal rights. Argues that the Contract (Rights of Third Parties) Act 1999 should contain express provisions enabling partners to enforce landlords' covenants.
OUTSOURCING
PROPERTY PORTFOLIO
CONTRACT (RIGHTS OF THIRD PARTIES) ACT 1999
LANDLORDS OBLIGATIONS
FACILITIES MANAGEMENT
A possible source of trouble - 2001 - Estates Gazette (0149) 8 December 2001, 109(1) .
Discusses the growing trend for property companies to outsource their property portfolios. Looks at possible difficulties of such a move including whether the landlord may be able to escape liability for any breach of their covenants. Mentions virtual assignments which have developed in order to obviate the need for consent and to protect legal rights. Argues that the Contract (Rights of Third Parties) Act 1999 should contain express provisions enabling partners to enforce landlords' covenants.
OUTSOURCING
PROPERTY PORTFOLIO
CONTRACT (RIGHTS OF THIRD PARTIES) ACT 1999
LANDLORDS OBLIGATIONS
FACILITIES MANAGEMENT