Late payment of rent
Series: Estates Gazette ; (0103) 20 January 2001, 129(1)Publication details: 2001Subject(s): Summary: In a recent case, the High Court has ruled that late payment of rent can serve to deprive a tenant of its option to break its lease. Where payment of rent by a posted cheque is requested, payment occurs on the date of posting. However the late payment of rent can be considered a material breach that deprives the tenant of its option to break.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3704-17 (Browse shelf(Opens below)) | 1 | Available | 110540-1001 |
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In a recent case, the High Court has ruled that late payment of rent can serve to deprive a tenant of its option to break its lease. Where payment of rent by a posted cheque is requested, payment occurs on the date of posting. However the late payment of rent can be considered a material breach that deprives the tenant of its option to break.