The timing and service of its break notice and the proviso relating to keeping the Premises in good substantial repair.
Question 1
Vinyl Rules wants to exercise the break clause in its lease. What practical advice do you give to Vinyl Rules with regard to:
(a)the timing and service of its break notice and
(b)the proviso relating to keeping the Premises in good substantial repair.
Question 2
Advise Victory Estates Plc upon the advantages and disadvantages of the proposed letting of a unit to Cupcakes on an all inclusive rental basis. Advise too who pays the percentage of the service charge:
(a)attributable to that unit and
(b) attributable to the remaining empty unit and why?
Finally, what will Victory Estates Plc need to do to make sure the proposed lease is granted outside the provisions of Part II of the Landlord and Tenant Act 1954?
