000 02120cam a2200325 4500
001 ABS68449
008 041122n2004 000 0 eng u
035 _a(Sirsi) u128065
100 _aWilliamson, H.
245 _aStrange goings-on
260 _c2004
490 _aEstates Gazette
_v(0446) 13 November 2004, 142-144(3)
520 _aExamines circumstances in which the leasehold enfranchisement of a flat under the Leasehold Reform, Housing and Urban Development Act 1993 ss39 and 56 is not straightforward and involves valuation issues which can call into question the usual legal interpretation of the 1993 Act. Looks at the problems dealing with the headlease (usually owned by a company) to a block of flats where new underleases to individual flats are to be granted by the freeholder as only competent landlord and considers the sparse guidance offered by the Act in this matter. Rent reviews are provided on an unpredictable basis with a real risk that the premium paid to the intermediate leaseholder will not enable future head rents to be met. Suggests as a way of obviating the complexities and distortions of applying the Act that whenever an individual lease is extended, the rent of any headlease is treated as being commuted pro tanto but concludes that it is difficult to get this from the Act.
590 _aABS
590 _aABS
650 _aHEAD RENTS
650 _aHEADLEASES
650 _aQUALIFYING TENANTS
650 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993 S40
650 _aRENT REVIEWS
650 _aLEASEHOLD REFORM ACT 1967 SCHED1 PARA 10(1)
650 _aLEASEHOLD ENFRANCHISEMENT
650 _aPEPPERCORN RENT
650 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT1993 SCHED II PARA 10(1)
650 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT1993 S39
650 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT1993 S56
650 _aFOSTER-WILLIAMS V KEEPERS AND GOVERNORS OF THE POSSESSIONS REVENUES AND GOODS OF THE FREE GRAMMAR SCHOOL OF JOHN LYON
690 _aLANDLORD AND TENANT-LEASES
942 _n0
999 _c118344
_d118344