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consents-a-step-by-step-guide-to-alienation-covenants.pdf

🔗 Source: d2nsgnsf036lw8.cloudfront.net

📊 Size: 226 KB

👤 Author: Neil King

⬇️ Downloads: 80

Summary

Covenants against assigning, underletting, charging, or parting with possession of a premises are often contentious in a commercial context, with tenants wanting to assign quickly and landlords concerned about proposed assignees or wanting to ensure historic breaches are remedied. To navigate this, several questions must be addressed, including whether the tenant needs to make a request, if there are preconditions, and what constitutes reasonable grounds for refusal. The lease must be examined to determine if it contains a restriction on the proposed action, and if so, the request for consent must be in writing to engage the Landlord and Tenant Act 1988. Any preconditions in the lease must be met before an application for consent can be made, with the burden on the tenant to prove satisfaction of these conditions.

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Description

Covenants against assigning, underletting, charging, or parting with possession of a premises are often contentious in a commercial context, with tenants...

Technical Information

File Format: PDF
File Size: 226 KB
Pages: 18
Language: EN
Author: Neil King
Total Downloads: 80
Last Updated: 1 month ago

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