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Time to get serious

By: Series: Property Week ; 66(41) 12 October 2001, 102-103(2)Publication details: 2001Subject(s): Summary: Discusses the implications for landlords of two recent cases, "McDonald's Property Co Ltd v HSBC Bank plc" and "Starmark Enterprises v CPL Distribution" which dealt with the issue of whether time is of the essence in rent review clauses. The decisions highlight the importance of clear drafting of rent review clauses, and for landlords to ensure that any notices are served within the timescale provided to avoid any possible problems.
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Journal article London Journal article ABS64703 (Browse shelf(Opens below)) 1 Available 115393-1001

Discusses the implications for landlords of two recent cases, "McDonald's Property Co Ltd v HSBC Bank plc" and "Starmark Enterprises v CPL Distribution" which dealt with the issue of whether time is of the essence in rent review clauses. The decisions highlight the importance of clear drafting of rent review clauses, and for landlords to ensure that any notices are served within the timescale provided to avoid any possible problems.