Essay
Real Estate Law
- Module
- Property Law (LA2003)
- Institution
- University Of Winchester (UoW)
A case study on property law, and specifically real estate law.
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REAL ESTATE LAW 1University
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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