000 01367cab a2200289 4500
001 ABS44547
008 090401t1991 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u47750
041 _aeng
100 _aCrosby, N.
245 _aAbnormal rent revision periods: the legal issues
260 _c1991
350 _a0
490 _aRent Review & Lease Renewal
_v11(3) Spring 1991, 217-226(9)
520 _aWhen properties are leased with a provision for rent reviews at intervals of more than the standard five years, legal and valuation complications can arise. These are explored by the article which concludes that the landlord is bound by certain restrictions not to raise compensatory rent by additional reviews or uplift , and so outlawing valuation methods based on calculations of the additional rent which the landlord would have received under a normal lease. Higher than average rents can be established for such leases, provided they are based on market evidence within an appropriate valuation formula.
650 _aABNORMAL REVIEW PERIOD
650 _aCONSTANT RENT
650 _aEQUIVALENT RENT
650 _aLEASE LENGTH
650 _aLONG REVIEW PERIOD
650 _aOPEN MARKET RENT
650 _aRENT REVIEW PERIOD
690 _aLANDLORD AND TENANT-RENT REVIEWS
700 _aMurdoch, S.
942 _n0
948 _c04/03/1997
999 _c30083
_d30083