All posts tagged "Commercial Purpose"
Tenants v Landlords
May 2025 – A silent war is raging between tenants and landlords. This commercial purpose of a rent review, according to British Gas Corporation v Universities Superannuation Scheme (1987), and Equity & Law Life Assurance Society plc v Bodfield (1987), is to keep the rent in line with current property values having regard to the […]
Purpose of Rent Review
Dec 2013 – The purpose of rent review is threefold: 1) to enable the landlord to review the rent payable; 2) for the tenant to ensure the rent payable is no more or less than it should be; 3) for both parties to monitor the performance of the location […]