Glofield Properties Ltd v Morley and another (no 2)
Glofield Properties Ltd v Morley and another (no 2)
- 1988
- Estates Gazette (8833) 20 August 1988, 59-62(3) .
ChD 29 March 1988. A question of construction as to the true meaning of rent review provisions in a 15-year lease of premises made between the landlords (G), and the tenants (M). The question being whether, the tenants having elected to have the open market value in relation to both the rent review periods determined by an independent surveyor, the independent surveyor is required to determine the open market value as at the date on which he makes his award, as G contended or as at the commencement of the review period. It was held that the landlords` construction of clause was correct due to precedence.
LONDON AND MANCHESTER ASSURANCE CO LTD V G A DUNN AND CO
TOUCHE ROSS AND CO V SOS ENVIRONMENT
WEBBER V HALIFAX BUILDING SOCIETY
ChD 29 March 1988. A question of construction as to the true meaning of rent review provisions in a 15-year lease of premises made between the landlords (G), and the tenants (M). The question being whether, the tenants having elected to have the open market value in relation to both the rent review periods determined by an independent surveyor, the independent surveyor is required to determine the open market value as at the date on which he makes his award, as G contended or as at the commencement of the review period. It was held that the landlords` construction of clause was correct due to precedence.
LONDON AND MANCHESTER ASSURANCE CO LTD V G A DUNN AND CO
TOUCHE ROSS AND CO V SOS ENVIRONMENT
WEBBER V HALIFAX BUILDING SOCIETY