Sportelli goodbye real world
Language: English Series: New Law Journal ; 158(7318) 25 April 2008, 579-581(3)Publication details: 2008Subject(s): Summary: Second in a series of articles argues that the Sportelli case appeals decisions have resulted in irrational universal deferment rates for leasehold reversions. The need to refer to a world in which the Leasehold Reform, Housing and Urban Development Act 1993 did not exist shows that reversionary values are higher than they would otherwise be. The appeals may have had the unintended effect of reducing the value of all leasehold flats. Argues that an amendment to the Act is needed in order to restore balance. For first part, see L143366.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143447 (Browse shelf(Opens below)) | 1 | Available | 143447-2001 |
Second in a series of articles argues that the Sportelli case appeals decisions have resulted in irrational universal deferment rates for leasehold reversions. The need to refer to a world in which the Leasehold Reform, Housing and Urban Development Act 1993 did not exist shows that reversionary values are higher than they would otherwise be. The appeals may have had the unintended effect of reducing the value of all leasehold flats. Argues that an amendment to the Act is needed in order to restore balance. For first part, see L143366.