Deed of Mutual 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.
A flying freehold refers to a unique situation where a portion of one property is built or extends over another property, creating overlapping spaces or shared structures between the two. This can commonly occur in buildings such as apartments or terraced houses.
The purpose of this legal template is to establish specific terms and conditions that govern the relationship and responsibilities of the parties involved in the flying freehold arrangement. It will outline the respective rights, obligations, and restrictions applicable to both the owner of the flying freehold (the building or extension owner) and the owner of the underlying property (the property beneath the flying freehold).
The Deed of Mutual Covenant serves to ensure a harmonious coexistence, as well as the proper maintenance, use, and enjoyment of the shared areas or structures. It may cover various important aspects, such as:
1. Boundaries and Shared Spaces: Clearly defining the boundaries between the flying freehold and the underlying property, as well as identifying and specifying shared spaces, walls, roofs, common entrances or exits, and any other shared facilities or amenities.
2. Maintenance and Repairs: Establishing the responsibilities for repairs, renovations, and maintenance of the shared areas. It may outline how costs will be apportioned, including details on regular contributions to a sinking fund or reserve fund for such purposes.
3. Alterations and Changes: Providing guidelines and procedures for making alterations or modifications to the flying freehold or the shared spaces, including ensuring that adequate permissions or approvals are obtained.
4. Access and Rights of Way: Addressing any rights of access, easements, or rights of way required for maintenance, use, or emergency situations, and clarifying the conditions under which they may be exercised.
5. Dispute Resolution: Prescribing methods for resolving disputes that may arise between the parties, including mediation or arbitration, to prevent the escalation of conflicts and facilitate amicable solutions.
As the legal framework for a flying freehold can be quite complex, this template aims to provide a standard document that can be customized according to the specific needs and circumstances of the individual flying freehold arrangement. It ensures that the rights and obligations of each party are clearly defined and legally enforceable, offering clarity and protection to all involved.
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
Written Resolution To Amend Articles of Association To Remove Director Discretion Where Share Security is Taken
By removing director discretion, this template aims to establish a more standardized and objective approach to the handling of share security within the company. It ensures that any decision related to the shares, such as their transfer, sale, or use in securing loans, will be bound by explicit rules and regulations outlined in the amended articles of association.
The resolution may outline the specific changes and modifications to be made in the articles of association. This could include adding new clauses to restrict director discretion and provide detailed guidelines on how share security should be handled. The intent is to create a more transparent process that minimizes potential misuse of share security arrangements and protects the interests of shareholders and the company as a whole.
Companies opting to adopt this template may choose to customize it according to their specific needs and circumstances. It can be particularly useful for companies seeking to enhance corporate governance, increase transparency, and ensure compliance with relevant legal provisions governing share security in the UK.
Publisher
Genie AIJurisdiction
England and WalesVerbal Warning Confirmation Letter (Capability)
The template typically covers important details such as the employee's name, job title, and department, along with the date and time the verbal warning was issued. It includes a concise summary of the reasons for the warning, highlighting the specific areas where the employee's performance or capabilities fell short, and provides relevant examples or incidents to support the claims.
Additionally, the letter outlines the expected improvements or specific actions that the employee needs to undertake to rectify the identified issues. It may include suggestions for additional training or support that can aid the employee in meeting the required standards. The letter also mentions the consequences of failing to demonstrate satisfactory improvement within a given timeframe, which could lead to further disciplinary action.
Moreover, the Verbal Warning Confirmation Letter (Capability) emphasizes that the employee has the right to appeal the warning and explains the procedures for doing so. It assures the employee that their rights are being respected throughout the disciplinary process and demonstrates the employer's commitment to fair treatment and due process.
Overall, this legal template provides employers with a standardized form to ensure consistent and compliant communication of verbal warnings to employees regarding their performance or capabilities, all while safeguarding the rights of both parties under UK law.
Publisher
Genie AIJurisdiction
England and WalesVirtual Assistant Contract
This Virtual Assistant contract template is designed for a commercial VA organisation (or an individual virtual assistant) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of VA and VA-related services to be completed by the virtual assistant 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 VA firm or individual virtual assistant 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).