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Room for change

By: Series: Solicitors' Journal ; 145(38) 12 October 2001, 940(1)Publication details: 2001Subject(s): Summary: Considers the effect of restrictive alienation clauses at rent review and illustrates how market conditions determine the nature of alienation provisions. Uses a working example to demonstrate how poor market conditions force landlords to allow flexible alienation provisions such as letting floor by floor and wing by wing, but when the market recovers landlords can insist on stricter alienation provisions. Provides a similar scenario with a building layout not capable of physical division.

Considers the effect of restrictive alienation clauses at rent review and illustrates how market conditions determine the nature of alienation provisions. Uses a working example to demonstrate how poor market conditions force landlords to allow flexible alienation provisions such as letting floor by floor and wing by wing, but when the market recovers landlords can insist on stricter alienation provisions. Provides a similar scenario with a building layout not capable of physical division.