000			01430cam a2200229 4500
001			ABS62640
008			000000n2000 000 0 eng u
035			_a(Sirsi) u107519
245			_aBistern Estate Trust's Appeal
260			_c2000
490			_aEstates Gazette Law Reports _v[2000] 29 EG 124-127(4)
520			_aLT 27 March 2000. L was granted a building lease for a 70-year term of a house. The lease was terminable on the death of the leaseholder and his wife. L died in 1995, and the tenant's widow, Mrs L served notice to acquire the freehold interest under the Leasehold Reform Act 1967. The leasehold valuation tribunal determined the price at £47,684. The landlord appealed contending that the price payable was £180,000, or alternatively £159,000. The higher sum would apply if the Law of Property Act 1925 S149(6) operated, so that the landlord, now tenant L was dead, could terminated the lease with one month's notice, thus making the leasehold interest worthless. The lower value would apply if the lease was not terminated until Mrs L's death. 'Decision' appeal allowed and price determined at £159,000.
590			_aABS
650			_aBISTERN ESTATE TRUST
650			_aLAW OF PROPERTY ACT 1925 S149(6)
650			_aMARRIAGE VALUE
650			_aCAPITALISATION
650			_aGROUND RENT
650			_aREVERSION
690			_aLANDLORD AND TENANT-RESIDENTIAL TENANCIES-CASE LAW
942			_n0
999			_c64262 _d64262