Break clauses - a problem area for both insured and insurers
Language: English Series: Property Journal ; 21(8) September 1996, 10-12(3)Publication details: 1996Subject(s): Summary: Discusses Casualty or Insurance break clauses which come into effect following damage by fire or other insurable perils. Problems can arise when the lease has a long time to run, the passing rent exceeds the market rent, the break clause has been badly drafted and a replacement tenant would be hard to find.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS55814 (Browse shelf(Opens below)) | 1 | Available | 18944-1001 |
Discusses Casualty or Insurance break clauses which come into effect following damage by fire or other insurable perils. Problems can arise when the lease has a long time to run, the passing rent exceeds the market rent, the break clause has been badly drafted and a replacement tenant would be hard to find.