Enforceability of covenants in 'new' leases - Landlord - Orignal tenant
4 important questions on Enforceability of covenants in 'new' leases - Landlord - Orignal tenant
Where the original tenant assigns the lease to a new tenant, can the original tenant be sued (s. 5(2)(a) LT(C)A 1995)? Will the original tenant still receive the benefits of the landlord covenants (s.5(2)(b))?
Explain the exception to the above rule under (s.16 of the 1995 Act) an authorised guarantee agreement ('AGA')?
Is an implied indemnity covenant applicable to the original tenant once they have been released (s.14 of the 1995 Act)?
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Explain how the tenant can recover from the assignee in (Moule v Garrett) + express indemnity covenant?
- Moule v Garrett
- Express indemnity covenant on assignment
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