Universities in the United Kingdom have faced a number of unprecedented challenges in recent years. The impact of the Covid-19 outbreak and subsequent lockdowns entirely changed the landscape of education and the impact can still be felt to this day. As a result, there has been a fluctuation in the number of students attending university with many lectures and seminars operating remotely. This in turn has had an impact on the need for university accommodation and facilities.
Additionally, the current economic crisis has also had an impact on universities across the country, with establishments having to reconsider plans for expansion and the need to invest in property and real estate. With increasing pressure to cut down on costs, universities may face challenges when it comes to attaining real estate for educational purposes, which could result in disputes over property ownership and leasing agreements.
This article will provide insights into the ways in which universities can minimise conflicts surrounding real estate and deal with disputes effectively.
Effective communication and mediation
One of the most simple yet effective ways to deal with real estate disputes is to establish clear pathways for communication between all parties involved. Being able to have honest, open dialogues will make navigating disputes easier. You could consider utilising mediation to help parties resolve issues amicably and efficiently.
Leverage expertise
Sometimes issues involving real estate can spiral out of control, and it can prove difficult to navigate such disputes alone. That’s why it’s important that you consider seeking support from legal experts in the real estate sector who will be able to help you and your institution navigate the complexities of challenges involving real estate. Engaging with legal and real estate professionals will allow you to deal with issues that may arise safe in the knowledge you are acting in accordance with the law and also help to protect your institutional interests.
Implement preventative measures
Although some disputes may be unavoidable and out of your control as an institution, implementing strategies for proactive conflict avoidance will ensure you are doing all you can to minimise the risk of any complications surrounding real estate and your university’s ability to lease or purchase property or land.
Proactive measures such as exercising due diligence when buying or leasing land or property and making sure that any contracts that are drafted are clear and both parties agree to the outlined terms and conditions. Working with legal professionals will ensure contracts are written up in accordance with the law and any regulations that need to be considered. Adopting ongoing risk assessment procedures will also help identify any potential disputes that could arise and will allow you the time to act accordingly before any possible legal action is required that could harm your institution and its interests.
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