Someone recently bought our

students are currently browsing our notes.

X

Leasehold Management Notes

LPC Law Notes > Advanced Property Law and Practice Notes

Updates Available  

A more recent version of these Leasehold Management notes – written by Cambridge And Oxilp And College Of Law students – is available here.

The following is a more accessble plain text extract of the PDF sample above, taken from our Advanced Property Law and Practice Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:

Alienation Landlord's Concerns: Who is tenant? Able to pay rent? Comply with terms of lease? Suitable guarantors? Who will pay Costs of assignment?
Assignee's Concerns: It is taking subject to burdens of the lease, what incumbrances and potential problems are there?
Assignor's Concerns: Landlord's consent obtained in good time. Due to AGA can assignee comply with terms of lease?
Obtaining Landlord's Consent Need to put in place:

*

Surety/Guarantors

*

Undertaking from assignor's solicitor to cover his costs for preparing licence to assign

*

References

*

Direct covenants from assignee

*

AGA

Alterations Landlord's Concerns about Alterations

*

Will they detrimentally affect the value of the lease?

*

Can they be removed to return the premises to the same condition as it was at the start of the lease?

*

Will they breach any restrictive covenants or planning conditions that the Landlord is responsible for?

*

Complaints from other tenants?

*

Will it affect the rental value/rent review?

*

What will the standard of works (to do the alterations) be?

*

Will they affect the energy efficiency of the unit/premises?
Alienation, Alterations and Underlettings - Leasehold Management

Buy the full version of these notes or essay plans and more in our Advanced Property Law and Practice Notes.