000 01519cab a2200205 4500
001 ABS48259
008 090401t1993 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u65758
041 _aeng
245 _aLaura Investment Co Ltd v Havering LBC (No 2)
260 _c1993
350 _a0
490 _aEstates Gazette
_v(1993) 08 EG 120-122(3)
520 _aChD 27 July 1992. This is an adjourned hearing of an originating summons on the construction of a rent review clause. The first question raised was whether rent should be assessed on the assumption that buildings erected on the land since the grant of the lease were included in the hypothetical demise (Abs46611). The second question, raised by an amendment on behalf of the defendants, is whether the rent should be assessed on the assumption that the premises are let with vacant possession or subject to the tenancies which exist at the date of the rent review. The case was held in favour of the defendants on the grounds that underlettings were contemplated in the lease and the parties intended the rent to be calculated on an assumption of reality. Unless the rent review provision is construed to assume that the premises are in fact underlet, the defendants were bound to be putting themselves in a position in which, on a rent, they would be paying to the landlords a higher rent then th
650 _aRENT REVIEWS
650 _aVACANT POSSESSION
690 _aLANDLORD AND TENANT-CASE LAW-RENT REVIEWS
942 _n0
948 _c04/03/1997
999 _c41045
_d41045