Prudential Property Services Ltd v Capital Land Holdings Ltd
Language: English Series: Estates Gazette ; 1993 15 EG 147-154(6)Publication details: 1993Subject(s): Summary: ChD 16 November 1992. Whether a letter constituted a valid counternotice to landlord`s trigger notice. Tenant`s nominee holds a lease for a 20-year term from 21 May 1982 with four yearly reviews. The landlord must serve notice at least three months before rent review date specifying the rent required. If the parties fail to agree a rent within a month of the notice, upon receipt of a counternotice, the matter shall be determined by an independent surveyor. Following service of a notice by C on 14 February 1990 specifying a rent of £17,500 pa for the review at 21 May 1990, a letter was sent by P acknowledging receipt stating non-agreement to the rent. Upon expiry of the time limit, C asserted that P had failed to serve an effective counter notice. Held that letter was an effective counternotice, declaration granted accordingly.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS48456 (Browse shelf(Opens below)) | 1 | Available | 66848-1001 |
ChD 16 November 1992. Whether a letter constituted a valid counternotice to landlord`s trigger notice. Tenant`s nominee holds a lease for a 20-year term from 21 May 1982 with four yearly reviews. The landlord must serve notice at least three months before rent review date specifying the rent required. If the parties fail to agree a rent within a month of the notice, upon receipt of a counternotice, the matter shall be determined by an independent surveyor. Following service of a notice by C on 14 February 1990 specifying a rent of £17,500 pa for the review at 21 May 1990, a letter was sent by P acknowledging receipt stating non-agreement to the rent. Upon expiry of the time limit, C asserted that P had failed to serve an effective counter notice. Held that letter was an effective counternotice, declaration granted accordingly.