Ogier property clinic focuses on benefits of share transfer versus flying freehold

Ogier's first quarterly property law clinic of 2017 with the Jersey Estate Agents' Association focused on the differences in share transfer and flying freehold transactions.

The event, held yesterday at Ogier's offices on The Esplanade, offered estate agents the chance to get an expert view on issues affecting transactions and the general property market from the firm's top-ranked Property Law team.

Ogier gave a presentation on share transfer and flying freehold transactions and fielded questions from the audience of around 20 JEAA members.

Issues covered included the importance of having company records up to date for share transfer transactions, occupancy restrictions in terms of age, children or pets, fire certification and the My Deposits scheme.

Jonathan said "The property law clinics are a great opportunity for agents to raise issues informally and for us to get a sense from them about transaction flow.

"We advise estate agents as well as buyers and sellers, so we get a broad view of market activity and we are able to see how issues can affect different parts of the transaction process, and how they can be resolved."

JEAA President John Quemard said: "We really appreciate the working relationship that the JEAA has with the Ogier property team.

"Our members found the meeting very informative and allowed an opportunity for us to ask questions and seek guidance on current issues affecting the local market.

"We are confident that these quarterly meetings hosted by Ogier will undoubtedly help the JEAA to become better positioned to inform its clients of the best possible practice."

The Jersey Estate Agents' Association was formed in 1965 and encourages best practice within the industry, and its members are subject to a Code of Practice.

Ogier's Jersey Property Law practice is in a league of its own, according to leading legal commentator Chambers and Partners, who listed it as the only top tier property firm in its 2017 guide.