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System Floors Ltd v Ruralpride Ltd and another

Language: English Series: Estates Gazette ; 1995 EG 125-128(4)Publication details: 1995Subject(s): Summary: CA 18 October 1994. On 23 April 1987, tenant S signed three 21-year leases containing upwards-only rent reviews, covenants against assignment and no surrender agreement clauses. On the same day landlord M agreed to accept surrender of leases within three months of a rent review date upon certain terms. On 10 November respondent landlord R acquired the reversion of the lease without knowledge of the side letter. On appeal against CC determination that the letter was personal to M and not binding on his successor in title to reversion, CA ruled that the covenant was enforcable as it fell within Law of Property Act 1925 s142. Appeal allowed.
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Law report London Journal article ABS52310 (Browse shelf(Opens below)) 1 Available 72439-1001

CA 18 October 1994. On 23 April 1987, tenant S signed three 21-year leases containing upwards-only rent reviews, covenants against assignment and no surrender agreement clauses. On the same day landlord M agreed to accept surrender of leases within three months of a rent review date upon certain terms. On 10 November respondent landlord R acquired the reversion of the lease without knowledge of the side letter. On appeal against CC determination that the letter was personal to M and not binding on his successor in title to reversion, CA ruled that the covenant was enforcable as it fell within Law of Property Act 1925 s142. Appeal allowed.