The recent trend in Court decisions on conditional break clauses has been in favour of landlords but we have just seen a significant case decided in favour of tenants so that after successfully exercising a conditional break Marks and Spencer (the tenant) were entitled to a refund of the proportion of the rent (paid in … Continue Reading
This post was written by Katherine Campbell and Siobhan Hayes. Do tenants who want to exercise a break part way through a quarter have to pay the whole quarter’s rent on the quarter day in order to validly exercise the break? You will know from our previous posting that there have been two cases in … Continue Reading
This post was written by Katherine Campbell and Siobhan Hayes. We have seen many cases deciding whether tenants have managed to break their leases during this economic downturn. Many tenants break rights are conditional on rent payment by the break date and the recent case of PCE Investors Limited v Cancer Research UK highlights another danger … Continue Reading
