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Landlord and Tenant Covenants Act 1995 - Part 1: privity of contract, AGAs, overriding leases, etc.

Series: Commercial Property ; 3(5) December 2000, 2-7(6)Publication details: 2000Subject(s): Summary: The first half of a two part article which looks at the key sections of the Landlord and Tenant Covenants Act 1995. Part 1 discusses the abolition of 'privity of contract', also known as 'the original tenant liability rule'; the introduction of authorised guarantee agreements or AGAs; changes to the law on the assignment of leases; serving former tenants and guarantors with s17 notices; and the introduction of overriding leases. Practical tips on the Act are given together with recent case law.

The first half of a two part article which looks at the key sections of the Landlord and Tenant Covenants Act 1995. Part 1 discusses the abolition of 'privity of contract', also known as 'the original tenant liability rule'; the introduction of authorised guarantee agreements or AGAs; changes to the law on the assignment of leases; serving former tenants and guarantors with s17 notices; and the introduction of overriding leases. Practical tips on the Act are given together with recent case law.