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 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
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.