Continue reading "Forfeiture of leases: Change is overdue"
Forfeiture of leases: Change is overdue
Mark Shelton explains why forfeiture reform is well overdue in the context of the Law Commission’s proposals ‘The absence of a forfeiture clause in a post-commencement lease might mean that tenants would not appreciate the possible consequences of a breach of covenant.’ The central idea behind forfeiture is the simple one that if the tenant …