A more satisfactory outcome
Murdoch, S.
A more satisfactory outcome - 2003 - Estates Gazette (0346) 15 November 2003, 129(1) .
Discusses "Canary Wharf Investments v Telegraph Group Ltd" ([2003] EWHC 1575 (Ch), Abs67266) in which it was held that a hypothetical lease subject to a grant of 25 years without any express provision as to its start date must be construed as commencing on its review date. This decision has important implications as it reverses previous case law where it was held that the hypothetical leases should start on the same date as the action lease as directed. (See also Abs67044).
CANARY WHARF INVESTMENTS V TELEGRAPH GROUP LTD
RENT REVIEWS
HYPOTHETICAL LEASES
25 YEAR LEASE
A more satisfactory outcome - 2003 - Estates Gazette (0346) 15 November 2003, 129(1) .
Discusses "Canary Wharf Investments v Telegraph Group Ltd" ([2003] EWHC 1575 (Ch), Abs67266) in which it was held that a hypothetical lease subject to a grant of 25 years without any express provision as to its start date must be construed as commencing on its review date. This decision has important implications as it reverses previous case law where it was held that the hypothetical leases should start on the same date as the action lease as directed. (See also Abs67044).
CANARY WHARF INVESTMENTS V TELEGRAPH GROUP LTD
RENT REVIEWS
HYPOTHETICAL LEASES
25 YEAR LEASE