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Real Estate Law

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A case study on property law, and specifically real estate law.

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  • April 10, 2022
  • 14
  • 2021/2022
  • Essay
  • Unknown
  • A+
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REAL ESTATE LAW 1




University




Real Estate Law


<Author>

10 April 2022

<Professor’s name>

<Program of Study>

, REAL ESTATE LAW 2



Real Estate Law


Introduction


People should understand the law as an important instrument in commercial leases.

Undeniably, it gives lessee and lessor some sense of direction. Remember that legal issues arise

when one party violates the provisions provided in various Acts. Oftenly, the legal issues arise

because individuals have a limited understanding of the laws that govern lease. The tenants

repairing covenant is one of those provisions that are likely to result in court battles if violated.

The tenant covenant is enshrined in the Landlord and Tenant Act of 1995. It stipulates the

obligations of the occupants during the lease period. For instance, the law expects the tenants to

carry out repairs as one of the obligations. Repairs, in this case, refer to tasks that entail

restoration or replacement of damaged sections around the business room. The law has separated

the obligations of the lessee from those of the lessor. Of importance as well is the break clause,

which is outlined in the Landlord and Tenant Act of 1954. Lastly, rent review rights protected

under the Law Property Act 1925 seeks to guide the property owner about the steps of reviewing

the rental fee.


Tenants Repairing Covenants


The overall repair and maintenance work is of great essence in commercial properties. The

Landlord and Tenant (Covenant) Act 1995 introduced a new perspective into the obligations of

the tenants when it comes to commercial leases. The Act clarified the obligations of the tenants

from those of property owners under the tenant covenant. Therefore, the repairing covenant is a

clause provided under s.28 (1) of the Landlord and Tenant Act 1995. The clause stipulates the

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