B
beneight
- Original Poster
- #1
A tenant was assigning a commercial lease to an assignee. The Landlord hired an agent to verify, vet the assignee and to draw up an AGA for the tenant to agree upon.
The assignee supplied all the relevant financial details, references etc
As far as everything was concerned, the vetting agent was satisfied with the assignee and satisfied with the tenant agreeing to the AGA.
The agent past on the details and suggestions to the landlord and the landlords solicitor.
The landlord and the landlords solicitor did not reply for over 2 months.
The tenants solicitor constantly chased up the vetting agent and the landlords solicitor.
Eventually, after a lot of chasing up, the landlords solicitor drew up the Licence to assign, rent deposit deed.
The licence to assign had name errors and the rent deposit deed had wrong information.
The license to assign also had terms which the tenants solicitor did not agree on within the AGA, which was not mentioned/included when the vetting agent drew up the AGA, which the tenant agreed on with the vetting agent (the agreed AGA had been changed slightly by the landlords solicitor. The slight change not agreed by the tenants solicitor)
The landlords solicitor had to make the corrections and re-issue both documents.
The name errors were corrected on the AGA, but the terms not agreed had been left and ignored by the landlords solicitor.
The time scale went on for over 2 weeks and the assignee's solicitor gave a deadline for completion. The landlords solicitor was chased up constantly by the tenants solicitor, but the landlords solicitor ignored correspondence. The assignee decided not to proceed with the assigning of the commerical lease.
What can/ should be done by the tenant legally? The tenant has lost an assignee due to the landlord causing delays (suspected deliberate delays, perhaps to sabotage).
Thank you
The assignee supplied all the relevant financial details, references etc
As far as everything was concerned, the vetting agent was satisfied with the assignee and satisfied with the tenant agreeing to the AGA.
The agent past on the details and suggestions to the landlord and the landlords solicitor.
The landlord and the landlords solicitor did not reply for over 2 months.
The tenants solicitor constantly chased up the vetting agent and the landlords solicitor.
Eventually, after a lot of chasing up, the landlords solicitor drew up the Licence to assign, rent deposit deed.
The licence to assign had name errors and the rent deposit deed had wrong information.
The license to assign also had terms which the tenants solicitor did not agree on within the AGA, which was not mentioned/included when the vetting agent drew up the AGA, which the tenant agreed on with the vetting agent (the agreed AGA had been changed slightly by the landlords solicitor. The slight change not agreed by the tenants solicitor)
The landlords solicitor had to make the corrections and re-issue both documents.
The name errors were corrected on the AGA, but the terms not agreed had been left and ignored by the landlords solicitor.
The time scale went on for over 2 weeks and the assignee's solicitor gave a deadline for completion. The landlords solicitor was chased up constantly by the tenants solicitor, but the landlords solicitor ignored correspondence. The assignee decided not to proceed with the assigning of the commerical lease.
What can/ should be done by the tenant legally? The tenant has lost an assignee due to the landlord causing delays (suspected deliberate delays, perhaps to sabotage).
Thank you
