000			01146cab a22002055a 4500
001			L140822
008			071012s2007 xxk f 000 0 eng d
035			_a(Sirsi) u140822
041	0		_aeng
100	1		_aReid, Jamie
245	0	4	_aThe real cost of Sportelli for landlords and leaseholders
260			_c2007
490			_aNews on the Block _v(35) 14-15(2)
520			_aConsiders the likely effect of the impending Court of Appeal decision on the Sportelli case (L135153). The case centres on the deferment rate which a tenant pays for an asset which will return to the freeholder at a future time. To compensate for this the price is commonly set at the amount that the value of the property would be when the lease expires. The Lands Tribunal ruled that a deferment rate of 5% should apply to flats irrespective of their location. Explains that this, in tandem with the Arbib case (L131346) represents a decision in favour of leaseholders.
590			_aKA
650	2	4	_aEARL CADOGAN AND ANOTHER V SPORTELLI AND ANOTHER
651		4	_aUnited Kingdom _y
690			_aPROPERTY-LEASEHOLD PROPERTY-LANDLORD AND TENANT-LEASES
942			_n0
999			_c79360 _d79360