CAUGHT IN THE ACT

摘要

Canny developers know that prime development sites are found in the most unexpected, built-up places. Sparkling penthouses can be erected on flat roofs; dank basements can be converted into luxury pied-a-terres; neglected gardens can house a whole new block. But where opportunities form part of an existing development, builders must tread carefully. Tenants have statutory rights that could prevent development, or delay it to the extent that it becomes too expensive to take forward. There is even the risk of committing a criminal offence. For this reason, developers should seek advice at an early stage, before money and time have been dedicated to the project.