Law > Class Notes > Alienation Leasehold Summary For Property-BPP University (All)
Alienation Leasehold Summary For Property-BPP University
Document Content and Description Below
ALIENATION SUMMARY Analyse alienation covenants and apply common law/statute to advise a client Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATIO... N TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o Underletting/subletting o Parting with possession (grant of licence) o Sharing the lease ▪ E..g. business that has different groups and parent company. o Mortgaging/charging ▪ Creating a mortgage over the property – CONTINUED........ [Show More]
Last updated: 1 year ago
Preview 1 out of 14 pages
Reviews( 0 )
Document information
Connected school, study & course
About the document
Uploaded On
May 24, 2022
Number of pages
14
Written in
Additional information
This document has been written for:
Uploaded
May 24, 2022
Downloads
0
Views
56
