Central reservations

Barnard, T.

Central reservations - 2002 - Estates Gazette (0206) 9 February 2002. 150(1) .

Discusses "Paragon Finance plc v City of London Real Property Co Ltd" 2001 which considered whether a developer can rely upon development rights reserved in a lease of land that it does not own. It was decided that any reservations in a lease would be construed restrictively against the landlord, a tenant can not be deprived of a right which a lease expressly confers by a landlord and reminds landlords to carefully review a tenant's righs .


PARAGON FINANCE PLC V CITY OF LONDON REAL PROPERTY CO LTD
DEVELOPMENT RIGHTS
LEASES