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Transfer of leasehold flat

Language: English Series: Chartered Surveyor Weekly ; 39(6) 7 May 1992, 72(1)Publication details: 1992Subject(s): Summary: In " Mansukhani v Sharkey" CA 15 April 1992, it was held that the transfer of a leasehold flat from parents to child in consideration of mutual love and affection by subject to a covenant by the child to keep up the mortgage payments, was not a transfer by purchase for the purposes of case 9 of Part 1 of Schedule 15 to the Rent Act 1977.

In " Mansukhani v Sharkey" CA 15 April 1992, it was held that the transfer of a leasehold flat from parents to child in consideration of mutual love and affection by subject to a covenant by the child to keep up the mortgage payments, was not a transfer by purchase for the purposes of case 9 of Part 1 of Schedule 15 to the Rent Act 1977.