Granting a Lease Flashcards
If lease is less than 7 years + freehold title is registered, must you register?
No - it is an overriding interest
If lease is less than 7 years + freehold title is unregistered, how do you protect tenant?
Tenant should be in actual occupation of property
If lease is more than 7 years + freehold title is unregistered, how do you protect tenant?
First Registration within 2 months of completion
If lease is more than 7 years + freehold title is registered, how do you protect tenant?
Register title in its own name within 2 months
Can landlord withold consent in assign/underletting?
Yes but not unreasonably
Can landlord withold consent in alterations?
Yes but not unreasonably
Can landlord withold consent in repairs?
Yes but cannot be conditional on charging higher rent
Absolute leasehold title
- lease is valid
- tenant has right to grant it + protected
- no hidden problems
Qualified leasehold title
known legal defect
Good leasehold title
Lease is valid but landlord’s title hasn’t been fully proved (could have a defect later revealed)
Possessory leasehold title
no title deeds exist but the tenant is in occupation
* someone else with right to possess can take it
What is assigning a lease?
Transfer your interest to someone else
What is underletting a lease?
Create a new lease out of your lease
Can landlord withold consent in change of use?
Yes (no upgrade to fully qualified cov)
If lease contains absolute covenant against alterations (cannot do it) what is statutory procedure?
- Tenant serve notice of intention to carry out alterations to landlord
- landlord has 3 months to object
- landlord objects –> go to court, court will give permission if:
* Adds to letting value of property
* adds to property charcacter
* does not reduce property value - Landlord accepts –> go ahead with works (landlord may offer to conduct work in return for higher rent)
Covenant on change of use , what are implication for landlord consent
If landlord gives consent, cannot be in return for premium or increased rent unless involves structural alteration too
Who is liable for repair of insured risk?
Landlord (recover money from repaur