A short-term business
Article Abstract:
A case heard in the UK courts dealt with a business lease which was outside the Landlord and Tenants Act 1954. In the case between Cricket Ltd versus Shaftesbury PLC, Cricket claimed it had the right of occupation under the 1954 Act but the courts disagreed because the company only had a tenancy at will agreement. Landlords are able to circumvent the use of fixed-term leases by using a short-term lease for no longer than six months, an express tenancy or a licence. Most landlords prefer to use short-term leases but they must ensure the lease is not extended past six months.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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Peaceful injustice
Article Abstract:
A case heard in the UK courts gave a landlord of a commercial property the right to retain the fixtures owned by the tenant, due to the nature of the forfeiture. The lease on the property had been forfeited when the landlord made a peaceable re-entry. The tenant therefore lost his right to remove his possessions. The landlord in the case was able to make a peaceable re-entry of the premises without giving the notice to the tenant. He was owed some 9,000 pounds sterling in rent. The rules relating to peaceable re-entry are likely to be changed by the Law Commission.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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