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Vol 21 No 10 Oct/Nov 2016

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Blackstone's Guide to Landlord and Tenant Covenants

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ISBN13: 9781854314871
ISBN: 1854314874
Published: February 1996
Publisher: Oxford University Press
Country of Publication: UK
Format: Paperback
Price: Out of print



Out Of Print
This volume deals with the effect of the Landlord and Tenant (Covenants) Act 1995, which came into force on 1st January 1996. This legislation is the most important change in commercial property law since the 1954 Act and its provisions may create a split in the market for commercial leases.;There will need to be substantial changes in the drafting and negotiating of comercial leases, and practitioners involved in this field will have to make significant alterations to their systems, procedures and documentation.

The book provides a section-by-section analysis of the Act, with an examination of its practical impact on commercial conveyancing. It gives a detailed explanation of how practitioners should re-organize their systems and procedures to accommodate the new provisions. It also provides a set of forms, precedents, clauses and other relevant documentation, including an authorized guarantee agreement, overriding lease, rent review clause and alienation covenant.

The guide should be of interest to all practitioners involved with commercial conveyancing, surveyors, mortgage providers and students of landlord and tenant law. Phillip H. Kenny is the author of ""Covenants for Title: Understanding the New Law"".

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Subjects:
Landlord and Tenant Law, Blackstones Legislation Guides
Contents:
Part 1 Summary of the 1995 Act: provisions applying only to post-1995 leases
provisions which apply to all leases
other provisions.
Part 2 The 1995 Act section by section: Section 1 - tenancies to which the Act applies
Section 2 - covenants to which the Act applies
Section 3 - transmission of covenants
Section 4 - transmission of right of re-entry
Section 5 - release on assignment
Sections 6 to 8 - release of landlord on assignment of reversion
Section 6 - release of landlord
Section 7 - release of former landlord
Section 8 - procedure for release of landlord
Section 9 - apportionment on assigment
Section 10 - binding apportionments
Section 11 - excluded assignments
section 12 - third-party covenants
Section 13 - joint liability
Section 14 - abolition of indemnity covenants
Section 15 - enforcement of covenants
Section 16 - authorized guarantee agreements
Section 17 - restriction on rent recovery
Section 18 - variation of covenants
Section 19 - overriding leases
Section 20 - provisions of overriding leases
Section 21 - forfeiture or disclaimer of part
Section 22 - landlord's consent to assignments
Section 23 - breaches in respect of which new tenant is liable
Section 24 - effect of releases
Section 25 - contracting out forbidden
Section 26 - permitted releases
Section 27 - notices
Section 28 - interpretation
Schedule 1, paragraph 2 - ammendment of Trustee Act 1925, Section 26
Schedule 1, paragraph 2 - Ammendment of LPA 1925, Section 77(2)
Schedule 1, paragraphs 3 and 4 - Ammendments of Landlord and Tenant Act 1954.
Part 3 The 1995 Act in practice, Part 4 Alienation clauses - the pre-Act law. Appendices: text of the Landlord and Tenant (Covenants) Act 1995
other statutes
statutory instruments
precedents. (Part contents).

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