Deed of Covenant (Flying Freehold)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏚️ Deed of covenantBusiness activity
Protect flying freeholdA deed of covenant is a type of agreement that is used to make certain promises between two parties. The agreement is typically made in order to ensure that one party will do something, or refrain from doing something, that is required by the other party. The agreement is legally binding and can be enforced by the courts if necessary.
This legal template typically includes details about the properties involved, such as their addresses, owners' names, and relevant land registration information. It also clarifies the extent of the flying freehold and defines the specific areas or parts of the properties affected by it.
The Deed of Covenant sets out various provisions that aim to protect the rights of both property owners and ensure harmonious coexistence. It may address concerns related to maintenance responsibilities, access rights, shared utilities, potential alterations or developments, and any other relevant issues. This document aims to establish a clear understanding between the owners, minimizing the potential for future disputes or disagreements.
Additionally, the template may include clauses pertaining to indemnification, where each party agrees to indemnify the other for any loss or damage arising out of the flying freehold. It may also outline dispute resolution mechanisms, specifying whether mediation, arbitration, or litigation will be the preferred method for resolving disputes.
Overall, a Deed of Covenant (Flying Freehold) template serves as a legal agreement between adjacent property owners, formally acknowledging the existence of the flying freehold and providing a framework for managing associated rights and responsibilities. Compliance with this deed is crucial to maintain a peaceful and organized cohabitation within properties affected by flying freeholds in the United Kingdom.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Service Manager Contract
This Service Manager contract template is designed for a commercial service management organisation (or an individual service manager) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of service management and service-management-related services to be completed by the service manager on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the service management firm or individual service manager on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesShare Option Agreement (Exit-Only And Non Tax Advantaged)
The agreement typically includes clauses such as the number of shares offered, the exercise price, the vesting period (timeframe within which the shares can be acquired), and the conditions for exercising the option. It may also address other important provisions like the treatment of shares in case of termination of employment, the transferability of options, and any restrictions or limitations on the option holder.
Under this UK law-compliant template, both parties involved in the agreement - the company granting the options and the option holder - can establish their respective rights and obligations. The document ensures clarity and transparency in the agreement, protecting the interests of all parties involved and providing a legal framework to govern the share option scheme.
It is important to note that this agreement specifically excludes any tax advantages typically associated with other types of share option plans. Therefore, it is crucial for both parties to seek individual tax advice in order to understand the potential tax implications.
Ultimately, a Share Option Agreement (Exit-Only And Non Tax Advantaged) under UK law serves as an authoritative record of the agreed-upon terms and conditions surrounding the share option scheme, offering legal protection and clarity to both the company and the option holder.
Publisher
Genie AIJurisdiction
England and WalesSickness Policy
The document would cover various aspects of sickness policy, including the definition of sickness absence, reporting procedures, notification requirements, and documentation expectations for employees. It would outline the obligations and responsibilities of both employers and employees when dealing with sickness-related issues.
Furthermore, the template may address matters such as statutory sick pay (SSP), eligibility criteria, and the process of claiming and administering SSP. It might also include details regarding employees' rights to any additional sick pay provided by the employer beyond the statutory minimum.
Additionally, this legal template may contain provisions regarding occupational health assessments, return-to-work interviews, and the requirement for medical certification to substantiate sickness absence claims, while adhering to the legal requirements protecting employee confidentiality and privacy.
The template would likely touch upon the concept of "fit notes" (previously known as sick notes) and explain the employer's role when receiving and acting upon such notes, including any necessary accommodations or adjustments to facilitate an employee's return to work.
Overall, this legal template would serve as a comprehensive and legally compliant guide for employers to create or update their sickness policies in accordance with UK law, ensuring that both employers and employees understand their rights and obligations concerning sickness absence in the workplace.
