98. Concurrent leases by deed.

After a lease has been granted, another lease of the same premises (known as a 'concurrent lease' or, in more modern usage, a 'lease of the reversion') is sometimes granted, for a term beginning before the expiration of the earlier lease and ending before or after the earlier lease1. Provided it is made by deed, a concurrent lease operates as a grant of the reversion upon the earlier term2, and entitles the tenant of the concurrent lease to the benefit of the rents and covenants of the earlier lease3, so that the landlord may not during the subsistence of