Belkin · Burden · Goldman, LLP’s Post

Got questions about the changes from the settlement agreement? Check out this special series of Window to the Law from NAR! https://lnkd.in/gWXNSymY

I wonder who or what triggered this? The supreme irony is that Parliament itself is perhaps the biggest culprit for delaying the home-buying legal process. It passed speed-destroying AML legislation, enabled a plethora of regulators to mismanage regulation of the sector AND enacted legislation of byzantine complexity, such as the Building Safety Act. So will the committee end up criticising Parliament? The Land Registry is also a prime suspect for delays and clings to the fantasy that it is 'world-class'. The #propertylawyersactiongroup will take the opportunity to defend the vital role played by property lawyers.

More clarification coming on Civil Monetary Penalties for Section 111 Reporting. Read the update from Ciara F. Koba, Principle at Allan Koba Compliance Solutions.

Here is our latest 5MF. The case about a builder's duty of care in tort for economic loss to subsequent purchasers of a house is particularly interesting.

https://lnkd.in/emsygBtM Is material information going to be the next "battleground" between agents? Will they report one another for failing to meet the standards? Will the portals leave agents exposed because they cannot provide enough fields for the amount of data points required to meet material information guidelines? For example, where a home is extended, there needs to be building control and sign off on planning. But is that going far enough? What about if the increase in property size triggers an uplift in council tax banding when the new owner moves in? Agents advises its band C and it turns out to be E? What will it take for #estateagents to truly adopt MI or will most ignore the wide open-goal opportunity they've just been given to use this as a way to increase their fees and sell properties faster? https://lnkd.in/e3PqKqA3

Tuesday May 28th is Grievance Day this year. See our website to determine whether your assessment may be too high and how to go about getting it lowered. https://lnkd.in/e8YAMszF #propertytax #taxassessment

Under Rule 29.1 of the SIAC Rules, a party may apply to a tribunal for early dismissal of a claim or defence on the basis that the claim or defence is “manifestly without legal merit”. This is akin to 'summary judgment' or strike out application under the Rules of Court. Derived from Rule 41(5) of the ICSID Arbitration Rules, the term “manifestly” is generally understood to limit the applicability of Rule 29.1 of the SIAC Rules to cases where the claim or defence is plainly or obviously unmeritorious, while the specific reference to “legal merit” is understood to mean that the procedure is not to be invoked where the case requires the tribunal to delve into disputed factual allegations. Given that such summary disposal applications are typically disposed of without the oral testimony of witnesses, questions may arise as to whether a tribunal which dispenses with a full-fledged evidentiary hearing is liable to the charge that it has failed to afford the parties adequate opportunity to be heard. In DBO and others v DBP and others [2023] SGHC(I) 21 (“DBO”), the applicants argued that the arbitral tribunal (“Tribunal”) had breached natural justice by dismissing their case in an early dismissal application, despite there being an alleged “critical disputed fact” which the applicants said warranted a full hearing on the evidence. They thus sought to have the Tribunal’s award (“Award”) set aside pursuant to s 24(b) of the International Arbitration Act and/or Article 34(2)(a)(ii) of the Model Law (among other grounds). The Singapore International Commercial Court dismissed the application, finding that there had been no breach of natural justice. The Setia Law LLC team, which successfully resisted the challenge to the tribunal’s award, considers the Singapore Court’s first known reported judgment on the issue. #internationalarbitration #enforcement #crossborder #litigation

Temple Legal Protection in collaboration with John Ivory of Keith Bintley Ltd, have provided a webinar to our valued cover holders and partners on the upcoming FRC regime changes. This provides a practical perspective on the changes, in addition to a discussion on the very recent government response to the MoJ consultation on the matter. You can view this webinar on our web page via the link below. https://lnkd.in/esVJunne

Calls for the regulation of property agents by the House of Lords. This short blog looks at the outcome of the Inquiry by the House of Lords Industry and Regulators Committee. https://ow.ly/fMGs50Rb6uQ #regulation #proprtylaw #propertyagents

Real estate industry needs to be aware of these new rules so they can prepare for compliance.