340. Right of former tenant to overriding lease.

A person who discharges a fixed charge has a right to require the landlord to grant him an overriding lease1. An overriding lease is a reversionary lease granted for the remainder of the term usually plus a short term (for example a few days)2. An overriding lease is not required to reproduce any covenant of the relevant tenancy to the extent that the covenant is expressed to be a personal covenant between the landlord and the tenant under that tenancy3; and covenants framed by reference to the beginning of the tenancy, for example repairing covenants, will be adjusted4. The