In relation to leases granted before 1 January 19961, the relationship of lessor and lessee is not affected by a mortgage, so that the lessee remains liable to perform the covenants whether or not a mortgagee takes possession2.
In relation to tenancies granted on or after 1 January 1996, where any landlord covenant3 of a tenancy is enforceable against the reversioner in respect of any premises demised by the tenancy, it is also enforceable against either any person (other than the reversioner) who, as the holder of the immediate reversion in those premises, is for the time being entitled to
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234