Waitt and another v Morris and another
Language: English Series: Estates Gazette ; (1994) 39 EG 140-142(3)Publication details: 1994Subject(s): Summary: LT 3 August 1994. W were leaseholders of a flat and applied for a 90-year lease extension at a peppercorn rent. Applying for a determination of the price payable, W`s valuer suggested a marriage value of £2000, being the difference between the current open market value and value of the extended lease, and that M should take 50% share. W also sought a covenant requiring M to give notice of any forfeiture proceedings. As a prospective purchaser had offered a higher sum for the lease than the extended value, the marriage value and landlord`s share were raised by the LT and unpaid arrears of rent awarded. The requested covenant was deemed unnecessary.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS51582 (Browse shelf(Opens below)) | 1 | Available | 34053-1001 |
LT 3 August 1994. W were leaseholders of a flat and applied for a 90-year lease extension at a peppercorn rent. Applying for a determination of the price payable, W`s valuer suggested a marriage value of £2000, being the difference between the current open market value and value of the extended lease, and that M should take 50% share. W also sought a covenant requiring M to give notice of any forfeiture proceedings. As a prospective purchaser had offered a higher sum for the lease than the extended value, the marriage value and landlord`s share were raised by the LT and unpaid arrears of rent awarded. The requested covenant was deemed unnecessary.