Not so common leasehold market
Romney, C.
Not so common leasehold market - 2001 - Estates Gazette (0136) 8 September 2001, 176-177(2) .
Discusses some of the major differences in leases in European countries, which institutional investors looking to invest in property overseas, and occupiers taking a lease of overseas premises, need to be aware of. Among the issues considered are: privity of contract, the term of leases, rent review, alienation by tenant, repair and decoration, and a landlord's right to terminate for tenant breach. Despite the differences sited, concludes that central European systems tend to reflect the UK/US style of lease to a greater extent.
EUROPE
LEASES
UK INVESTORS
Not so common leasehold market - 2001 - Estates Gazette (0136) 8 September 2001, 176-177(2) .
Discusses some of the major differences in leases in European countries, which institutional investors looking to invest in property overseas, and occupiers taking a lease of overseas premises, need to be aware of. Among the issues considered are: privity of contract, the term of leases, rent review, alienation by tenant, repair and decoration, and a landlord's right to terminate for tenant breach. Despite the differences sited, concludes that central European systems tend to reflect the UK/US style of lease to a greater extent.
EUROPE
LEASES
UK INVESTORS