Variation (see 'Change') meaning

In this issue: Transferring property Statutory compliance Leasing property Residential property Property development Environment, energy and buildings Investigating title Property in Scotland Additional property updates this week Daily and weekly news alerts New and updated content Trackers Transferring property Supreme Court holds any ten-year period of reasonable belief within period of adverse possession sufficient In Brown v Ridley [2025] UKSC 7, the Supreme Court allowed the appeal unanimously. Interpreting LRA 2002, Sch 6, para 5(4)(c) correctly, the Court confirmed that any qualifying ten-year stretch during which the applicant reasonably believed they owned the land is enough. See: Supreme Court holds that any ten-year period of reasonable belief of ownership sufficient for registration under LRA 2002 (Brown v Ridley). HM Land Registry updates Practice Guide 8 HM Land Registry (HMLR) has revised Practice Guide 8—Execution of deeds. An update to section 2.7.2 clarifies that HMLR will accept a certificate from...

In this issue: Trade marks/passing off IP rights and competition law General IP LexTalk®IP: a Lexis®Nexis community Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Trade marks/passing off WIPO launches survey on certificate requirements for Madrid System trade mark registration WIPO has opened a consultation to assess whether the offices of designated Madrid System members ought to issue a domestic or regional certificate when protection is granted, or when an international trade mark registration is renewed. The exercise also explores the possible practical benefits of introducing such an obligation. Commissioned by the Madrid System working group on legal development after its September 2025 session, the outcomes will guide discussion at the working group meeting scheduled for October 2026. The consultation closes on 24 April 2026. See: LNB News 27/03/2026 62...

In this issue: Trespass and adverse possession Residential tenancies Business tenancies Electronic communications Repairing obligations and dilapidations Contractual issues Service charges Disputes and remedies Additional Property Disputes updates LexTalk®Property Disputes: a Lexis®Nexis community Daily and weekly news alerts New and updated content Dates for your diary Trackers Latest Q&As Trespass and adverse possession Supreme Court rules that any ten-year span of reasonable belief in ownership suffices for registration under the LRA 2002 (Brown v Ridley) In Brown v Ridley [2025] UKSC 7, the Supreme Court unanimously allowed the appeal, concluding that, when correctly interpreted, paragraph 5(4)(c) of Schedule 6 to the Land Registration Act 2002 enables adverse possession to be established by relying on any ten-year period during which the applicant reasonably believed themselves to be the owner, and not solely the ten years immediately preceding the application. See News Analysis: Supreme Court confirms that any ten-year period...

Why do you need to obtain a CSOP valuation? When granting a company share option plan (CSOP) option, you must determine the market value of the underlying shares to ensure that: the exercise price complies with CSOP statutory rules, meaning it is not manifestly below their market value (disregarding any restrictions) at the grant date, or at an earlier point agreed with an HMRC officer—for more detail, see The CSOP exercise price below the CSOP maximum individual limit is not breached, which restricts any person to holding no more than £60,000 of unexercised qualifying CSOP options—for how this is worked out, see The CSOP individual limit below In addition, once a CSOP option has been granted, the shares’ market value may still be relevant where: the exercise price fails to satisfy the above requirements (which may give rise to tax—see Practice Note: CSOP—income tax and NICs treatment of options—Income tax and NICs on the grant of CSOP options) ...

Adjustments to the agreed drawings and specifications are commonplace on substantial construction schemes—see Practice Note: What is a variation on a construction project? Standard form building contracts cater for such changes, and agreements for lease should mirror this. In the agreements for lease context, both sides (that is, landlord and tenant) may wish to alter the intended works. Each will seek to regulate the other’s ability to do so; accordingly, the agreement for lease must set out the mechanism for making variation requests and define the categories or scope of works each party is allowed to change. It should also clarify the nature and extent of works that each party is permitted to vary. This Practice Note considers how an agreement for lease can accommodate variations proposed by both landlord and tenant... Landlords variations The landlord’s building contract with its contractor will usually include powers to issue variation instructions, which may arise from: the landlord changing its approach the architect recognising a design element...

This Practice Note reviews the principal procedural aspects of family proceedings that engage trust assets, including the issue and service of proceedings. It also explains the steps required to add a trustee or a third-party beneficiary to the case, highlights evidential considerations, and summarises the court’s powers to compel a non-party to provide disclosure. Initial considerations Where either party holds or benefits from a trust interest, the applications made and the ensuing procedure will depend on the circumstances, which determine which of the three principal approaches to trust assets should be adopted, namely: considering trust assets as a resource available to one party—see Practice Note: Introduction to trusts within financial proceedings—Trusts as a financial resource the court exercising its power to make a variation of settlement order under section 24(1)(c) of the Matrimonial Causes Act 1973 (MCA 1973) or the Civil Partnership Act 2004 (CPA 2004) equivalent—see Practice Note: Trusts—variation of a nuptial settlement applying property or trusts law to challenge the trust’s...

Stop press: The Data (Use and Access) Act 2025 (Commencement No 6 and Transitional and Saving Provisions) Regulations 2026, SI 2026/82 bring the remaining elements of the Data (Use and Access) Act 2025 (DUAA 2025) into operation. Measures addressing subject access requests, legitimate interests, purpose limitation, automated decision-making, international transfers and enforcement apply from 5 February 2026, while the provisions on penalty notices and complaints apply from 19 June 2026. For further details, see Practice Note: Data (Use and Access) Act 2025—employment implications. This Precedent will be revised shortly to reflect these updates. This Agreement is entered into on [ insert date ] Parties [ Name of Company ], a company incorporated in England and Wales with registered number [ insert company number ] whose registered office is at [ insert address ] (the Company); and [ Name of consultant ], of [ insert address ] (‘ you ’). Background (A) You operate in the business of [ insert description...

These consolidated Master SaaS Terms were issued on [ insert date ]. For earlier versions, see [ insert URL ]. [ For information on Updated provisions, see [ insert URL ]. ] 1 Definitions and interpretation 1.1 The definitions and rules of interpretation set out in the Schedule apply to this Agreement. 1.2 In this Agreement: 1.2.1 Each Order Form entered into by the Customer constitutes a distinct agreement, incorporating these Master SaaS Terms together with the Addendums, the Subscribed Service Specific Terms for the relevant Subscribed Services, and the Policies (the Agreement); 1.2.2 If there is any inconsistency regarding this Agreement and/or the documents it references, the following order of precedence shall apply (from highest to lowest): the Order Form; the Subscribed Service Specific Terms; the Addendums; the Policies; the Master SaaS Terms; the Documentation; 1.2.3 Subject to the hierarchy in clause 1.2.2, if there is any conflict or inconsistency between documents, later...

Stop press: The Data (Use and Access) Act 2025 (Commencement No 6 and Transitional and Saving Provisions) Regulations 2026, SI 2026/82, activate the outstanding parts of the Data (Use and Access) Act 2025 (DUAA 2025). Measures on subject access requests, legitimate interests, purpose limitation, automated decision-making, international transfers and enforcement apply from 5 February 2026, while those on penalty notices and complaints take effect from 19 June 2026. For further detail, see Practice Note: Data (Use and Access) Act 2025—employment implications. This Precedent will be updated shortly to reflect these developments. This Agreement is made on [ insert date ] Parties [ Name of Company ], a company incorporated in England and Wales, registered number [ insert company number ], with its registered office at [ insert address ] (the Company); and [ Name of consultant ], of [ insert address ] (‘Consultant’). Background (A) The Consultant operates in the business of [ insert description ] and possesses skills...