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Personal remarks

By: Series: Estates Gazette ; (0121) 26 May 2001 162(1)Publication details: 2001Subject(s): Summary: In the recent case of "BHP Petroleum Ltd v Chesterfield Properties Ltd", it was found that statutory releases do not apply to personal convenants. Article examines the consequences of this decision for landlords and tenants, the key one being that personal obligations continue to bind the person who undertook them, even if they no longer hold the reversion. When applied to personal covenants given by tenants, the "BHP" case infers that original tenant liability can be recreated. Concludes that the "BHP" case does not clarify exactly what a personal covenant is, and it may be necessary for the courts to take another look.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS64013 (Browse shelf(Opens below)) 1 Available 112945-1001

In the recent case of "BHP Petroleum Ltd v Chesterfield Properties Ltd", it was found that statutory releases do not apply to personal convenants. Article examines the consequences of this decision for landlords and tenants, the key one being that personal obligations continue to bind the person who undertook them, even if they no longer hold the reversion. When applied to personal covenants given by tenants, the "BHP" case infers that original tenant liability can be recreated. Concludes that the "BHP" case does not clarify exactly what a personal covenant is, and it may be necessary for the courts to take another look.