Royal Bank of Scotland plc v Jennings and others
Royal Bank of Scotland plc v Jennings and others
- 1997
- Estates Gazette (9719) 10 May 1997, 152-155(4) .
CA 24 October 1996. Plaintiff tenant of warehouse premises had five yearly rent reviews. The rent review provisions agreed that the president of the RICS upon application of the landlords would appoint an expert, if no other agreement could be reached. The tenant sought to initiate a rent review, wherefore the defendant landlords declined to agree to an expert or apply to the president of the RICS to appoint one. The tenant was granted a declaration that the landlords are bound to apply. The landlords appealed, conceding that the rent was reviewable upwards and downwards. The appeal was dismissed.
EXPERT APPOINTMENT
RENT REVIEW PROVISIONS
RENT REVIEW
RICS
ROYAL BANK OF SCOTLAND PLC V JENNINGS AND OTHERS
CA 24 October 1996. Plaintiff tenant of warehouse premises had five yearly rent reviews. The rent review provisions agreed that the president of the RICS upon application of the landlords would appoint an expert, if no other agreement could be reached. The tenant sought to initiate a rent review, wherefore the defendant landlords declined to agree to an expert or apply to the president of the RICS to appoint one. The tenant was granted a declaration that the landlords are bound to apply. The landlords appealed, conceding that the rent was reviewable upwards and downwards. The appeal was dismissed.
EXPERT APPOINTMENT
RENT REVIEW PROVISIONS
RENT REVIEW
RICS
ROYAL BANK OF SCOTLAND PLC V JENNINGS AND OTHERS