A possible source of trouble
Series: Estates Gazette ; (0149) 8 December 2001, 109(1)Publication details: 2001Subject(s): Summary: Discusses the growing trend for property companies to outsource their property portfolios. Looks at possible difficulties of such a move including whether the landlord may be able to escape liability for any breach of their covenants. Mentions virtual assignments which have developed in order to obviate the need for consent and to protect legal rights. Argues that the Contract (Rights of Third Parties) Act 1999 should contain express provisions enabling partners to enforce landlords' covenants.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64954 (Browse shelf(Opens below)) | 1 | Available | 116108-1001 |
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Discusses the growing trend for property companies to outsource their property portfolios. Looks at possible difficulties of such a move including whether the landlord may be able to escape liability for any breach of their covenants. Mentions virtual assignments which have developed in order to obviate the need for consent and to protect legal rights. Argues that the Contract (Rights of Third Parties) Act 1999 should contain express provisions enabling partners to enforce landlords' covenants.