Real Estate Talking Point: Lease enlargement
"Pending comprehensive reform of the law of enlargement… those granting leases of 300 years or more would be well advised to include a forfeiture clause."
Few – other than property lawyers – are likely to get excited about thorny legal issues arising from obscure points of land law. However, the potentially significant consequences of lease enlargement may whet the appetite of even the most uninterested of observers.
In this alert we explain more about the thorny legal issues arising from the law of Lease Enlargement and the common pitfalls to avoid.
Read the full Lease Enlargement article.