000 01298cab a2200193 4500
001 L129634
008 050506n2005 000 0 eng u
035 _a(Sirsi) u129634
041 _aeng
100 _aMurdoch, Sandi
245 2 _aA generous decision
260 _c2005
490 _aEstates Gazette
_v(0516) 23 April 2005, 143(1)
520 _aHighlights the fact that rent review clauses are more complicated than they may appear with complex provisions for the service of notices. This point is illustrated by the case "Lancecrest Ltd v Asiwaju" (L129536). The appellant tenant (A) held a 12 year lease with a clause providing for a rent review at the end of each four year period. The landlord (L) did not send a trigger notice until a year after the review date. The court considered that time was not of the essence and the trigger notice was valid even though the clause required a notice to be served before the review date. The letter sent by the tenant was held to be a valid counter-notice in view that it challenged L's proposed rent.
590 _aIKA190505
650 _aLANCECREST LTD V GANIYU ASIWAJU
690 _aPROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT-BUSINESS TENANCIES-RENT REVIEW (BUSINESS TENANCIES)
942 _n0
999 _c75192
_d75192