The ‘term’ of the periodic tenancy depends upon the period by reference to which the rent is calculated, rather than the intervals at which it is payable. Frequently these are the same: an occupier will be asked to pay £500 per month and will actually pay monthly. But if the tenant agrees to pay £10,000 a year by four quarterly payments, the tenancy is a yearly tenancy not a quarterly tenancy, because the rent is calculated annually. See [ case ].
Answer
Ladies’ Hosiery and Underwear Ltd v Parker [1930] 1 Ch 304
Tags
#estates #land #law #leasehold
Question
The ‘term’ of the periodic tenancy depends upon the period by reference to which the rent is calculated, rather than the intervals at which it is payable. Frequently these are the same: an occupier will be asked to pay £500 per month and will actually pay monthly. But if the tenant agrees to pay £10,000 a year by four quarterly payments, the tenancy is a yearly tenancy not a quarterly tenancy, because the rent is calculated annually. See [ case ].
Answer
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Tags
#estates #land #law #leasehold
Question
The ‘term’ of the periodic tenancy depends upon the period by reference to which the rent is calculated, rather than the intervals at which it is payable. Frequently these are the same: an occupier will be asked to pay £500 per month and will actually pay monthly. But if the tenant agrees to pay £10,000 a year by four quarterly payments, the tenancy is a yearly tenancy not a quarterly tenancy, because the rent is calculated annually. See [ case ].
Answer
Ladies’ Hosiery and Underwear Ltd v Parker [1930] 1 Ch 304
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Open it to pay £500 per month and will actually pay monthly. But if the tenant agrees to pay £10,000 a year by four quarterly payments, the tenancy is a yearly tenancy not a quarterly tenancy, because the rent is calculated annually. See <span>Ladies’ Hosiery and Underwear Ltd v Parker [1930] 1 Ch 304.<span><body><html>
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