Rent review
Rent review
- 1995
- Estates Gazette Case Summaries 1995 EGCS 85 (27/5/95) .
"Norwich Union Life Insurance Society v Attorney General" Privy Council 9 May 1995. Held that a rent review without upwards-only review or `ratchet` was on `on arms` length commercial terms` dismissing the appellant`s claim of failure to comply with Clause 3.4 of lease.
COMMERCIAL LEASES
LEASE TERMS
RATCHET
RENT REVIEWS
UPWARDS-ONLY
"Norwich Union Life Insurance Society v Attorney General" Privy Council 9 May 1995. Held that a rent review without upwards-only review or `ratchet` was on `on arms` length commercial terms` dismissing the appellant`s claim of failure to comply with Clause 3.4 of lease.
COMMERCIAL LEASES
LEASE TERMS
RATCHET
RENT REVIEWS
UPWARDS-ONLY