Abstract
Analyses cases involving the construction of perpetually renewable leases (PRLs) under the Law of Property Act 1922 s.145 and Sch.15, and the findings of a study into whether the relevant provisions should be repealed. Reviews the problems arising where courts have allowed a perpetually renewable term to be created, the need for an express covenant for renewal and the scope for a human rights challenge to PRLs. Outlines the arguments supporting legislative prohibition of perpetual renewals
Original language | English |
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Pages (from-to) | 482-494 |
Number of pages | 13 |
Journal | Conveyancer and Property Lawyer |
Volume | 78 |
Issue number | 6 |
Publication status | Published - Dec 2014 |
Keywords
- express covenants
- human rights
- leases
- perpetual renewal