Practice point
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PP 2002/190
Landlord requiring guarantor to take new lease on disclaimer. A guarantor of a lease will normally covenant to take a new lease for the balance of the term in the…
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PP 2003/8
Worries for tenant when landlord goes bust. “The insolvent tenant enjoys more column inches in the legal press and law reports than the insolvent landlord…”.
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PP 2003/7
Terminal dilapidations – protocol to ease the pain. As explained in PP 2002/47, and the article to which it referred, there are numerous cases where a tenant can, by relying…
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PP 2003/5
A problem of vertical separation. Q A lessee applies under the Leasehold Reform Act 1967 to buy the freehold of what he describes as a “town house”.
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PP 2003/6
One house or two?. Unless concerned with a problem of the kind considered in PP 2003/5 (overhangs and undercuttings), a practitioner will have to refer to Malekshad v Howard de…
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PP 2003/4
Assignment of beneficial interest underimplied trust. Q If a company has contributed towards the construction of a building and now wants to transfer the benefit of its equitable interest in…
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PP 2003/2
Covenant against competition: direct enforcement against neighbouring retailer. Q Adam’s leasehold camera shop is suffering loss of trade because Ben is offering photographic equipment from his pharmacy in the same…
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PP 2002/225
Rent-free period: Assessing and adjusting the headline rent. The provision in a lease for a rent-free period, whether for fitting-out or otherwise, can be a fertile source of disagreement at…
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PP 2002/224
Deemed delivery under section 196 of Law of Property Act 1925. Slippery Sam is expecting postal delivery of a notice that will do him no good at all if it…