000 02162cad a22002415a 4500
001 L144537
008 080728e20080708xxk f v 000 0 eng d
035 _a(Sirsi) u144537
041 0 _aeng
245 0 0 _aLandlord Protect Ltd v St Anselm Development Co Ltd
_h[electronic resource]
260 _c2008
520 _a[2008] EWHC 1582 (Ch) 8 July 2008. The head landlords of a block of flats were acting reasonably in requiring as a condition of their consent to the assignment of the head lease that a guarantee to be provided in respect of the assignee's obligations should be released upon any future assignment of the head lease only if a reasonable alternative security was provided by the future assignee. The assignee's refusal to comply with this was a breach of contract and the head landlords were not obliged to return the deposit. Claimant (L) claimed against defendant (S) for the return of a deposit paid by it to S for the purchase of the head leasehold interest in a block of flats. Held: The head landlords were not able to ask for a guarantor throughout the term of the head lease, as this would provide them with more rights than they were entitled to under the lease. As they did not insist upon a guarantor, but rather 'a reasonable alternative security', this provision was capable of being provided by the covenant of the proposed assignee itself and provided no extra rights for the head landlords. They were right to withold the deposit after L tried to rescind the contract, as the provision that they insisted upon did not go beyond their right to give consent.
590 _aKA
650 2 4 _aLANDLORD PROTECT LTD V ST ANSELM DEVELOPMENT CO LTD
650 2 4 _aKENED LTD & DEN NORSKE BANK PLC V CONNIE INVESTMENTS LTD
650 2 4 _aLANDLORD AND TENANT ACT 1988 S1
650 2 4 _aLAW OF PROPERTY ACT 1925 S49(2)
650 2 4 _aMOUNT EDEN LAND LIMITED V STRAUDLEY INVESTMENTS LIMITED
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-LEASEHOLD PROPERTY-LANDLORD AND TENANT-TENANCIES
856 4 0 _uhttps://www.bailii.org/ew/cases/EWHC/Ch/2008/1582.html
_zView the case free of charge at www.bailii.org...
942 _n0
999 _c80513
_d80513