Hypothetically speaking
Roberts, Philip
Hypothetically speaking - 2008 - Estates Gazette (0815) 19 April 2008, 168-169(2) .
Mainly for Students article provides guidance on rent reviews for commercial leases. These periodic reviews are intended to keep commercial rent at or above the current market value. They can involve formal or informal discussions between the parties. Recommends that they are not performed against a background of tight time constraints. Reviews are valued as a hypothetical lease which ignores contingencies which may produce an unfair value, such as a tenant's history at a given location. Details common assumption within leases and underlines the importance of the process to the market. Case law.
UNITED SCIENTIFIC HOLDINGS LTD V BURNLEY BC
CENTRAL ESTATES LTD V SOS ENVIRONMENT
NATIONAL WESTMINSTER BANK PLC V ARTHUR YOUNG MCLELLAND MOORES AND CO
NORWICH UNION LIFE INSURANCE SOCIETY V TRUSTEE SAVINGS BANKS CENTRAL BOARD
BRITISH GAS CORPORATION V UNIVERSITIES SUPERANNUATION SCHEME LTD
CANARY WHARF INVESTMENTS V TELEGRAPH GROUP LTD
ARBITRATION ACT 1996
United Kingdom--
Hypothetically speaking - 2008 - Estates Gazette (0815) 19 April 2008, 168-169(2) .
Mainly for Students article provides guidance on rent reviews for commercial leases. These periodic reviews are intended to keep commercial rent at or above the current market value. They can involve formal or informal discussions between the parties. Recommends that they are not performed against a background of tight time constraints. Reviews are valued as a hypothetical lease which ignores contingencies which may produce an unfair value, such as a tenant's history at a given location. Details common assumption within leases and underlines the importance of the process to the market. Case law.
UNITED SCIENTIFIC HOLDINGS LTD V BURNLEY BC
CENTRAL ESTATES LTD V SOS ENVIRONMENT
NATIONAL WESTMINSTER BANK PLC V ARTHUR YOUNG MCLELLAND MOORES AND CO
NORWICH UNION LIFE INSURANCE SOCIETY V TRUSTEE SAVINGS BANKS CENTRAL BOARD
BRITISH GAS CORPORATION V UNIVERSITIES SUPERANNUATION SCHEME LTD
CANARY WHARF INVESTMENTS V TELEGRAPH GROUP LTD
ARBITRATION ACT 1996
United Kingdom--