Business Lease: statutory compensation
Business Lease: statutory compensation
- 2001
- Estates Gazette Case Summaries [2001] EGCS 6 (27/01/01) (1) .
"London Baggage Co v Railtrack plc (No 2)" ChD 19 December 2000. In October 1994 A signed a tenancy agreement which excluded statutory compensation from landlord (B) where the period of business occupation was less than five years. In February 1998 B served a notice stating that the unit was required for redevelopment. The protected tenancy terminated on 29 September 1998, but A remained in occupation as a tenant at will, and finally quit the premises in May 2000. A claimed compensation on the grounds that the relevant period was five years and seven months, when it had physically quit the premises. The judge ruled for B.
LANDLORD AND TENANT ACT 1954 S37
STATUTORY COMPENSATION
BUSINESS LEASES
TERMINATION
LONDON BAGGAGE CO (CHARING CROSS) LTD V RAILTRACK PLC (NO 2)
"London Baggage Co v Railtrack plc (No 2)" ChD 19 December 2000. In October 1994 A signed a tenancy agreement which excluded statutory compensation from landlord (B) where the period of business occupation was less than five years. In February 1998 B served a notice stating that the unit was required for redevelopment. The protected tenancy terminated on 29 September 1998, but A remained in occupation as a tenant at will, and finally quit the premises in May 2000. A claimed compensation on the grounds that the relevant period was five years and seven months, when it had physically quit the premises. The judge ruled for B.
LANDLORD AND TENANT ACT 1954 S37
STATUTORY COMPENSATION
BUSINESS LEASES
TERMINATION
LONDON BAGGAGE CO (CHARING CROSS) LTD V RAILTRACK PLC (NO 2)