Keepers and Governers of the Possessions Revenues and Goods of the Free Grammar School of John Lyon v Vignaud
Keepers and Governers of the Possessions Revenues and Goods of the Free Grammar School of John Lyon v Vignaud
- 1993
- Estates Gazette (1993) 26 EG 128(1) .
CC 9 July 1992. K demised a house for 70 years, assigned in 1979 to the respondent V. In December 1990, V served a notice for reduction of rateable value in recognition of improvements and two months later claimed entitlement to acquire the freehold. This claim was contested by K who argued that the rv of the property was too high on the appropriate day. The court upheld the applicant`s case stating that V`s notice of claim was ineffective on the grounds that right to acquire could only arise after the necessary reduction had been agreed or certified.
ENTITLEMENT
FREEHOLD
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM ACT 1967
NOTIONAL REDUCTION
RATEABLE VALUE LIMITS
CC 9 July 1992. K demised a house for 70 years, assigned in 1979 to the respondent V. In December 1990, V served a notice for reduction of rateable value in recognition of improvements and two months later claimed entitlement to acquire the freehold. This claim was contested by K who argued that the rv of the property was too high on the appropriate day. The court upheld the applicant`s case stating that V`s notice of claim was ineffective on the grounds that right to acquire could only arise after the necessary reduction had been agreed or certified.
ENTITLEMENT
FREEHOLD
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM ACT 1967
NOTIONAL REDUCTION
RATEABLE VALUE LIMITS