Critique of the “Stand In The Street” method – in contrast to the Shortlands residual valuation method THE CRUDE “STAND IN THE STREET” METHOD This method is dying out gradually. It consists of looking at the building without analysis of the schedule of dilapidations and asking oneself “Well, really, what difference does it make?” – […]
Common Law Damages and the Statutory Cap
At the end of the term, a landlord may find that he has a damages claim against the departed tenant. It has been conventional to differentiate between the common law measure of damages and the statutory cap on those damages.[1] The Basic Common Law Measure At common law, damages comprised COST OF – BETTERMENT […]
Dilapidations Protocol – A Landlord and Tenant Update
The Dilapidations Protocol was adopted in January 2012. This article reflects on the twelve month following adoption and looks at what this means to Landlords and tenants. Author; Ciara Fairley, Falcon Chambers, 27th February 2013 The Pre-Action Protocol for Claims for Damages in Relation to the Physical State of Commercial Property at Termination of a […]