Landlord Protect Ltd v Dolman and Others
Landlord Protect Ltd v Dolman and Others
- 2007
- Estates Gazette [2007] 19 EG 154 (CS) (1) .
Considers whether it is unreasonable for freeholders to require personal guarantee as condition of consent or whether income from sublessees represents adequate security. L contended that D had unreasonably withheld their consent. "Held": The claim was dismissed. The freeholders were not sufficiently protected by the subleases as L had no assets other than the headlease. D had a right to a straightforward guarantee that rent would be paid when due. They had not acted unreasonably by rejecting a three-year limit on that guarantee as it would be needed outside that period.
LANDLORD PROTECT LTD V DOLMAN AND OTHERS
INTERNATIONAL DRILLING FLUIDS LTD V LOUISVILLE INVESTMENTS (UXBRIDGE) LTD
England and Wales--1543-
Considers whether it is unreasonable for freeholders to require personal guarantee as condition of consent or whether income from sublessees represents adequate security. L contended that D had unreasonably withheld their consent. "Held": The claim was dismissed. The freeholders were not sufficiently protected by the subleases as L had no assets other than the headlease. D had a right to a straightforward guarantee that rent would be paid when due. They had not acted unreasonably by rejecting a three-year limit on that guarantee as it would be needed outside that period.
LANDLORD PROTECT LTD V DOLMAN AND OTHERS
INTERNATIONAL DRILLING FLUIDS LTD V LOUISVILLE INVESTMENTS (UXBRIDGE) LTD
England and Wales--1543-