Trigger notice for rent review
Trigger notice for rent review
- 1995
- Estates Gazette Case Summaries (1995) EGCS 89(1) (3/6/95) .
"Supasnaps Ltd v Bailey and another" CA 17 May 1995. The court had to decide if a trigger notice for rent review was within time by determining if the period March 24 to June 23 was a clear quarter of a year. The lease required rent to be paid 24 September, 24 December, 24 March and 24 June and the trigger notice to be served two quarters of a year before the review date.
RENT REVIEWS
TIME OF THE ESSENCE
"Supasnaps Ltd v Bailey and another" CA 17 May 1995. The court had to decide if a trigger notice for rent review was within time by determining if the period March 24 to June 23 was a clear quarter of a year. The lease required rent to be paid 24 September, 24 December, 24 March and 24 June and the trigger notice to be served two quarters of a year before the review date.
RENT REVIEWS
TIME OF THE ESSENCE