Image from Google Jackets

Guarantors liability to take up new lease

Series: Estates Gazette ; (0240) 5 October 2002, 168(1)Publication details: 2002Subject(s): Summary: Examines recent case "Active Estates Ltd v Parness" (ChD, Abs65961) where the High Court ruled that a landlord who takes possession after a disclaimer, will lose the right to require a guarantor to take a new lease. Decided that whether or not possession has been taken depends on particular circumstances.

Examines recent case "Active Estates Ltd v Parness" (ChD, Abs65961) where the High Court ruled that a landlord who takes possession after a disclaimer, will lose the right to require a guarantor to take a new lease. Decided that whether or not possession has been taken depends on particular circumstances.