Certainty of term
Certainty of term
- 1992
- Estates Gazette (9233) 22 August 1992, 67(1) .
The long-standing principle that a single term lease must be for a fixed period has come under scrutiny in "Prudential Assurance Co Ltd v London Residuary Body" (1992), where the parties` agreement was open ended, and has been re-asserted by the House of Lords.
CENTAPLOY LTD V MATLODGE LTD
CHARLES CLAY & SONS LTD V BRITISH RAILWAYS BOARD
PERIODIC TENANCIES
PRUDENTIAL ASSURANCE V LONDON RESIDUARY BODY
The long-standing principle that a single term lease must be for a fixed period has come under scrutiny in "Prudential Assurance Co Ltd v London Residuary Body" (1992), where the parties` agreement was open ended, and has been re-asserted by the House of Lords.
CENTAPLOY LTD V MATLODGE LTD
CHARLES CLAY & SONS LTD V BRITISH RAILWAYS BOARD
PERIODIC TENANCIES
PRUDENTIAL ASSURANCE V LONDON RESIDUARY BODY