Fiona Hogg

Common repairs to a building, such as to a roof, can cost a huge amount of money, so clearly it is important that property owners and tenants know what their potential liabilities might be.

Development Agreement is a term which is used to cover a variety of agreements amongst developers, landowners, purchasers, tenants and funders.   Each agreement will, of course, require to be tailored to the parties and the circumstances of the particular development, but they tend to have a number of elements in common.  

Due diligence enquiries on commercial property will normally include a request to see an asbestos management plan, a disabled access audit and a fire risk assessment. The answer that comes back is often either that the seller simply doesn’t have these or, if the property is an investment property which is leased, that these are the responsibility of the tenants.