faqs.org » Abstracts Index » Abstracts » Real estate industry

Obstacles to victory

Article Abstract:

Landlords of retail outlets may claim breach of contract if the outlet ceases to trade and therefore the tenant fails to keep the obligation to stay open. A breach of contract may be incurred when a tenants fail to fulfill their obligation to continue trading and landlords may be awarded damages in compensation. In practice landlords face great difficulty in proving their losses were directly related to the breach of contract. Some contracts forgo the need prove the level of losses by having a liquidated damages clause which specifies the level of damages to be paid.

Landlord and tenant, Landlord-tenant relations, Breach of contract

---

Motivating the workforce

Article Abstract:

The property industry has to ensure it meets the needs of its workforce if they are to stay motivated. This includes flexible working patterns, equality and promoting team working and individuality.

Social aspects, Management, Real estate agents, Employee motivation, Real estate agents and brokers

---

Beware of benefits by implication

Article Abstract:

An explanation of the UK Contracts (Rights of Third Parties) Act 1999 is presented. The importance of using the term exclusion as part of the contract is emphasized.

Some parts © 2012 Advameg, Inc.