Surrender releases intermediate assignee
Surrender releases intermediate assignee
- 1992
- Times 3 March 1992, LT11(1) .
"Deanplan Ltd v Mahmoud and another" ChD 17 February 1992. Held that a landlord, by accepting the surrender of a lease from an occupying assignee and releasing him from obligations under the lease in return for the handling over of some of his stock of goods, had effectively released intermediate assignees from their direct covenant given to the landlord to pay the rent and to observe the covenants of the lease.
ASSIGNEES
LEASES
OCCUPYING ASSIGNEE
"Deanplan Ltd v Mahmoud and another" ChD 17 February 1992. Held that a landlord, by accepting the surrender of a lease from an occupying assignee and releasing him from obligations under the lease in return for the handling over of some of his stock of goods, had effectively released intermediate assignees from their direct covenant given to the landlord to pay the rent and to observe the covenants of the lease.
ASSIGNEES
LEASES
OCCUPYING ASSIGNEE