000			01604cam a2200217 4500
001			ABS61711
008			000000n1999 000 0 eng u
035			_a(Sirsi) u103456
245			_aShina and others v Elghanian and another
260			_c1999
490			_aEstates Gazette _v [1999] 48 EG 147-153(7)
520			_aLT 31 March 1999. Shina owned the freehold of a residential property in London. In July 1990, the tenants (T) served their notice to buy the freehold under the Leasehold Reform Act 1967. T identified a number of tenants' improvements, including central heating, a fitted kitchen, a granny flat and external parking area. On 20 March 1998, the LVT set the price payable under the Leasehold Reform Act 1967 s9(1A) at £317,000 and landlord's costs at £3801.25. The landlord appealed, asking for a price of £381,000 with landlord's costs of £7,553.64 and sought interest on this price. "Held" Appeal allowed in part. The enfranchisement cost was set at £323,000 and a sum of £20,000 reflected the tenant's improvements. The term was valued at 6% and the reversion deferred at this rate. The reversion was valued at £390,000 and the marriage value was split at 50%. The landlord failed to prove that the costs determined by the LVT were wrong and interest was not awarded.
590			_aABS
650			_aLEASEHOLD ENFRANCHISEMENT
650			_aSHINA AND OTHERS V ELGHANIAN AND ANOTHER
650			_aLEASEHOLD REFORM ACT 1967 S9(1A)
650			_aIMPROVEMENTS
650			_aDETERMINATION OF PRICE
690			_aLANDLORD AND TENANT-LEASEHOLD REFORM-CASE LAW
942			_n0
999			_c62158 _d62158