Plp sgs 8 notes - Study guides, Class notes & Summaries

PLP SGS 8 – Repair, Insurance and L’s Remedies Advantages of leases Lease rather than buying a freehold: cash-flow – buying freehold is really expensive flexibility – committed for a defined period of time Agreement for lease – some reason why the premises can't be leased straight away Tenant contractually obliged to enter into the lease once the condition has been satisfied Lease rather than the freehold: Tenant not having the capital, flexibility in case the business does w...