Continue reading "Break Clauses: Beware the hypothetical tenant"
Break Clauses: Beware the hypothetical tenant
Peter Lewis highlights the dangers to landlords of early break clauses when negotiating a renewal ‘Section 34 of the 1954 Act stipulates that in default of an agreement between a tenant and landlord, a court may determine the rent payable under a tenancy granted by a lease.’ With regard to rent valuation, decided cases demonstrate …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Britel Fund Trustees Ltd v B&Q plc (2016) unreported, County Court sitting at Central London, 11 March
- HMC Music v Mount Eden Land (2012) unreported
- Humber Oil Terminals Trustee Ltd v Associated British Ports [2011] EWHC 2043 (Ch); [2012] EWCA Civ 36; [2012] EWCA Civ 596; [2012] EWHC 1336 (Ch)
- Max Mara v Pearl Assurance (1996) unreported