Make your break

Article Abstract:

Tenants should fulfill all the conditions and covenants attached to their leases when they serve a break notice on their landlords. The UK courts have been very keen to ensure tenants have fully complied with any decorating covenants. It may be possible to agree a cash settlement in lieu of the landlord getting back the property in prime condition but talks should be carried out under a specified time limit, in case they fail and the tenant is obliged to complete the work. Tenants should not wait for a schedule of dilapidations from the landlord, it it their responsibility to do the work.

Study and teaching, Tenants

---

Christmas occupation

Article Abstract:

Landlords must ensure the correct type of short form lease documents are used to cover a short-term letting, such as the British Property Federation short-term lease. The UK Landlord and Tenant Act 1954 does not apply to tenancies of under six months. Tenants may request a short-letting agreement when they wish to stay in occupation beyond the length of their current lease or when they want to move into a property before their formal lease commences or for particular periods, such as a retailer wishing to use an outlet for Christmas. Each scenario requires a specific agreement.

Commercial leases

---

A matter of interest

Article Abstract:

Section 49 of the UK Arbitration Act 1996 relates to the powers given to arbitrators in regard to the awarding of interest in rent review disputes between landlords and tenants. If the issue of interest cannot be agreed the landlord may lose out. An arbitrator has the power to award interest on a reviewed rent even if it does not comply with conditions in the lease. The arbitrator may decide to award compound interest rather than simple interest as stated in a lease agreement. The arbitrator is obliged to detail how interest payments have been measured.

Arbitration (Administrative law), Administrative arbitration

Similar abstracts:

• Abstracts: Stocking filler. A matter of restraint
• Abstracts: Making a fair exchange. How to put people in their place. Pool resources
• Abstracts: Space merchants. On manoeuvres. They came from beyond
• Abstracts: The sky's the limit. New wave enterprise. Power zone
• Abstracts: Positive punchlines. Players in the parks

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.