leasehold Flashcards
1
Q
question about nature of interest
A
- a lease is one of the 2 legal estates capable of subsisting at law
- essential characteristics for a lease
2
Q
essential characteristics for a lease
A
- exclusive possession- street v mountford
- certainty of duration- lace v chandler
- formalities- need a deed (s52(1) LPA, deed needs to satisfy requirements in s1 LPMPA 89 (witnesses, and deed on face of it)
- or equitable lease- s2 LPMPA (signed, in writing, incorporate all terms)
3
Q
street v mount ford
A
intended to make a license but was a lease because of exclusive possession
4
Q
lace v chandler
A
- for the period of the war wasnt a lease because no certainty of duration
5
Q
question about rent arrears- new lease
A
- mention it is a new lease- before 1st jan 1996, when LTCA 95 came into force
- s5 LTCA
- S16 LTCA
- S17 LTCA
- OR S3 LTCA
6
Q
S5 LTCA
A
- automatically releases the outgoing tenant from liability for breaches of Cov after assignment of lease so prima facie, outgoing T is not liable
7
Q
s16 LTCA
A
- but may be liable as a guarantor if an AGA was entered in to with the landlord on assignment of the lease
8
Q
s17 LTCA
A
- if action is taken against a former tenant, S17 LTCA applies as rent is a “fixed charge”
- notice must be served by L on T
- max 6 months arrears can be claimed
9
Q
or s3 LTCA
A
- automatic transmission of ben and burd of covs- so landlord can go after assignee
10
Q
question about rent arrears- old lease
A
- mention it is an old lease (pre 1st jan 96)
- privity of contract between L and T
- that and the effect of s79 LPA means T continues to be liable for breach of Cov
- moule v garrett
- s77 LPA
11
Q
moule v garrett
A
- t can claim indemnity directly from assignee under this rule but it is unlikely to be successful as they are probs in financial difficulties
12
Q
s77 LPA
A
- t can also claim against the person who assigned to the final assignee under the implied statutory indemnity
13
Q
privity of estate
A
- landlord can sue the assignee directly
14
Q
question about refusing consent for assignment
A
- nature of alienation covenant- probs gonna be qualified- meaning it can only be assigned with the landlords consent
- s19(1) LTA 27
- if it is a new lease and a commercial lease
- is refusal of consent reasonable?
15
Q
s19(1) LTA
A
- notwithstanding an agreement to the contrary, consent cannot be unreasonably withheld