Week 8- Alienation Flashcards by Roman Kenny-Manning | Brainscape

Q

Why might a tenant want to assign their interest under a lease?

A

Tenant no longer needs premises for the purposes of their business or cannot afford to keep paying the rent (perhaps following a rent review).

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Q

What does statute prescribe happens to a qualified cov against alienation?

A

Converted into fully qualified cov (s.19(1)(a) LTA)
Landlord must give decision on consent within a reasonable time (s.1)

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Q

A

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