000			01741cab a2200229 4500
001			ABS48257
008			090401t1993 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u65747
041			_aeng
245			_aCity Offices plc v Bryanston Insurance Co Ltd ; City Offices plc v Allianz Cornhill International Insurance Co Ltd
260			_c1993
350			_a0
490			_aEstates Gazette _v(1993) 11 EG 129-131(3)
520			_aChD 27 November 1992. These are two cases heard together concerning the construction of a rent review clause in a lease and the effect of disregarding any notional rent free concession or fitting out period. The same building was concerned in both cases and there were similar clauses which provided that the current market rental value should be the best yearly rent which could reasonably be expected to be payable after the expiration of any rent free concession or fitting out period. The clause also included an assumption that the premises were suitable and available for immediate occupation. An arbitrator set an interim rent on the basis that a 12 month rent free period would have been given of which three months would be required for fitting out, nine months was equivilent to 15% and he deducted that percentage from the open market rent. The landlord appealed on the grounds that the rent to be determined was the current rack rental value after the expiry of any rent free period. Th
650			_aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ARBITRATION
650			_aFITTING OUT PERIOD
650			_aRENT FREE PERIODS
650			_aRENT REVIEWS
690			_aLANDLORD AND TENANT-CASE LAW-RENT REVIEWS
942			_n0
948			_c04/03/1997
999			_c41035 _d41035