Q&As

A lease was granted to individual members of a company. In practice, the company pays the rent but no formal assignment has been completed. The tenant now wishes to exercise a break option. Who should serve the break notice—the named individuals or the company?

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Published on LexisPSL on 20/01/2016

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  • A lease was granted to individual members of a company. In practice, the company pays the rent but no formal assignment has been completed. The tenant now wishes to exercise a break option. Who should serve the break notice—the named individuals or the company?

A lease was granted to individual members of a company. In practice, the company pays the rent but no formal assignment has been completed. The tenant now wishes to exercise a break option. Who should serve the break notice—the named individuals or the company?

The case of Lankester & Son v Rennie and another may assist. Here, the defendants entered into a lease with Lankester and, subsequently, moved out of the premises having found

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