North Hertfordshire DC v Hitchin Industrial Estate Ltd
North Hertfordshire DC v Hitchin Industrial Estate Ltd
- 1992
- Estates Gazette (1992) 37 EG 133-139(3) .
ChD 8 May 1992. Landlords (N) leased premises to H in 1969 for 99 years, with rent reviews provided for every 21 years. Any variation in rent was to be subject to 12-months` notice. N served 3 such notices, but all after the date of the first review, in 1989. The lessees, in rejecting the variation, claimed that time was `of the essence` and the notice, therefore, should have been served in 1988. However, the court dismissed the the argument and upheld the validity of the notice.
RENT REVIEWS
TIME OF THE ESSENCE
TRIGGER NOTICES
ChD 8 May 1992. Landlords (N) leased premises to H in 1969 for 99 years, with rent reviews provided for every 21 years. Any variation in rent was to be subject to 12-months` notice. N served 3 such notices, but all after the date of the first review, in 1989. The lessees, in rejecting the variation, claimed that time was `of the essence` and the notice, therefore, should have been served in 1988. However, the court dismissed the the argument and upheld the validity of the notice.
RENT REVIEWS
TIME OF THE ESSENCE
TRIGGER NOTICES