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Take a break

By: Series: Solicitors' Journal ; 146(35) 20 September 2002, 826-827(2)Publication details: 2002Subject(s): Summary: Examines the issues and case law affecting break options which have become very popular for landlords and tenants in modern commercial leases. Discusses in some detail the following areas:conditional break options; the significance of the date of the break notice and the rent payment dates under the lease; and the situation with headleases and underleases. Concludes by advising landlords, tenants and legal advisers to fully understand the effect of the wording of each individual break option to avoid legal battles. Case law.
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Journal article London Journal article ABS66070 (Browse shelf(Opens below)) 1 Available 120274-1001

Examines the issues and case law affecting break options which have become very popular for landlords and tenants in modern commercial leases. Discusses in some detail the following areas:conditional break options; the significance of the date of the break notice and the rent payment dates under the lease; and the situation with headleases and underleases. Concludes by advising landlords, tenants and legal advisers to fully understand the effect of the wording of each individual break option to avoid legal battles. Case law.