A lease for Europe
Series: Property Week ; 67(11) 22 March 2002, 37-38(2)Publication details: 2002Subject(s): Summary: Argues that many differences still exist between landlord and tenant systems of European countries, and illustrates how these complicate lease arrangements between European partners. Takes the example of a German retail tenant looking to expand into the UK market and identifies five problem areas to negotiate: incompatible legal systems; the UK requirement to repair the structure of its leasehold premises;upward only rent reviews; the optimal length of lease term; and alienation. In each scenario, compares the UK and German systems with those of Poland and other European countries. Concludes that successful cross-border transactions need a clear understanding of the respective legal systems of the parties.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS65409 (Browse shelf(Opens below)) | 1 | Available | 117600-1001 |
Argues that many differences still exist between landlord and tenant systems of European countries, and illustrates how these complicate lease arrangements between European partners. Takes the example of a German retail tenant looking to expand into the UK market and identifies five problem areas to negotiate: incompatible legal systems; the UK requirement to repair the structure of its leasehold premises;upward only rent reviews; the optimal length of lease term; and alienation. In each scenario, compares the UK and German systems with those of Poland and other European countries. Concludes that successful cross-border transactions need a clear understanding of the respective legal systems of the parties.