Granting a Lease Flashcards
If lease is less than 7 years + freehold title is registered, must you register?
No - it is an overriding interest
If lease is less than 7 years + freehold title is unregistered, how do you protect tenant?
Tenant should be in actual occupation of property
If lease is more than 7 years + freehold title is unregistered, how do you protect tenant?
First Registration within 2 months of completion
If lease is more than 7 years + freehold title is registered, how do you protect tenant?
Register title in its own name within 2 months
Can landlord unreasonably withold consent in assign/underletting?
No
Can landlord unreasonably withold consent in alterations?
Yes
Can landlord unreasonably withold consent in repairs?
Yes but cannot be conditional on charging higher rent
Absolute leasehold title
- lease is valid
- tenant has right to grant it + protected
- no hidden problems
Qualified leasehold title
known legal defect
Good leasehold title
Lease is valid but landlord’s title hasn’t been fully proved (could have a defect later revealed)
Possessory leasehold title
no title deeds exist but the tenant is in occupation
* someone else with right to possess can take it
What is assigning a lease?
Transfer your interest to someone else
What is underletting a lease?
Create a new lease out of your lease