000 01786cam a2200241 4500
001 ABS66451
008 030224n2003 000 0 eng u
035 _a(Sirsi) u121412
100 _aMurdoch, S.
245 _aNo guaranteed answer
260 _c2003
490 _aEstates Gazette
_v(0306) 8 February 2003, 143(1)
520 _aDiscusses the basic legal principles governing the granting of licenses to assign leases. Refers to two recent cases highlighting the problems encountered over the assigning of leases. In "Mount Eden Land Ltd v Towerstone Ltd" (ChD [2002] 31 EG 97(CS)) the judge held that, where the requirement for a surety is a precondition to the right to assign and is at the discretion of the landlord, there is no need for reasonableness. In this instance the landlord was reasonable in refusing to accept the guarantor. In contrast "London and Argyll Developments Ltd v Mount Cook Land Ltd" (ChD [2002] 50 EG 111(CS)) highlighted the principle that where insistence upon a surety is a condition of a consent that is required to be reasonable, the landlord can only rely upon written reasons given to the tenant at the time the condition is imposed. Principles set out in "Footwear Corporation Ltd v Amplight Ltd" (ChD Abs58921) concerning a refusal of consent should equally be applied to conditions imposed upon the giving of consent. The landlord's insistence upon a guarantor was not justified.
590 _aABS
650 _aSURETIES
650 _aGUARANTORS
650 _aMOUNT EDEN LAND LTD V TOWERSTONE LTD
650 _aLONDON AND ARGYLL DEVELOPMENTS LTD V MOUNT COOK LAND LTD
650 _aLICENCES TO ASSIGN
650 _aFOOTWEAR CORPORATION LTD V AMPLIGHT PROPERTIES LTD
690 _aLANDLORD AND TENANT-LEASES-CASE LAW
942 _n0
999 _c72143
_d72143