Guarantors liability to take up new lease

Guarantors liability to take up new lease - 2002 - Estates Gazette (0240) 5 October 2002, 168(1) .

Examines recent case "Active Estates Ltd v Parness" (ChD, Abs65961) where the High Court ruled that a landlord who takes possession after a disclaimer, will lose the right to require a guarantor to take a new lease. Decided that whether or not possession has been taken depends on particular circumstances.


GUARANTOR LIABILITY
ACTIVE ESTATES LTD V PARNESS AND ANOTHER
LAW OF PROPERTY (MISCELLANEOUS PROVISIONS) ACT 1989
DISCLAIMERS