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Terms of surrender.

By: Series: Estates Gazette ; (9934) 28 August 1999, 69(1)Subject(s): Summary: Argues that surrender back provisions in commercial leases may be more trouble than they are worth. It is uncertain how surrender back clauses interact with the Landlord and Tenant Act 1954 s38, under which such clauses can only be sanctioned by the court. Problems may arise if the landlord or tenant refuses to complete the surrender once it has been accepted.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS61233 (Browse shelf(Opens below)) 1 Available 101836-1001

Argues that surrender back provisions in commercial leases may be more trouble than they are worth. It is uncertain how surrender back clauses interact with the Landlord and Tenant Act 1954 s38, under which such clauses can only be sanctioned by the court. Problems may arise if the landlord or tenant refuses to complete the surrender once it has been accepted.