Stylo Properties Ltd v Legal & General Assurance Society Ltd
Language: English Series: Estates Gazette ; (1989) 31 EG 56-58(2)Publication details: 1989Subject(s): Summary: ChD 3 March 1989. This case rests on the meaning of "proportion" and the judge in accepting, in this context, the definition "the relation existing between things or magnitudes as to size, quantity, number etc; comparative relation, ratio" made a declaration in the landlord`s (L) favour. The original rent was 109.13% of the initial rent agreed by both parties based on open market assessment and the reviewed rent was to be that proportion, 109.13%, of the fair rack-rental market value of the premises. The plaintiffs claimed that the rents should remain the same as a proportion cannot be greater than 1.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS41266 (Browse shelf(Opens below)) | 1 | Available | 29259-1001 |
ChD 3 March 1989. This case rests on the meaning of "proportion" and the judge in accepting, in this context, the definition "the relation existing between things or magnitudes as to size, quantity, number etc; comparative relation, ratio" made a declaration in the landlord`s (L) favour. The original rent was 109.13% of the initial rent agreed by both parties based on open market assessment and the reviewed rent was to be that proportion, 109.13%, of the fair rack-rental market value of the premises. The plaintiffs claimed that the rents should remain the same as a proportion cannot be greater than 1.