WebTechnically, your landlord has a 'headlease', or a ' superior' lease, of the building, while you have a ' sublease', or an 'underlease', of the maisonette. Times, Sunday Times ( 2010 ) It … WebTypically, the headlease establishes a base rent with an additional rent then being calculated and payable as a defined percentage of the tenant’s ‘gross revenue’ (as defined in the headlease) from underlettings: see Headlease Calculating the tenant’s ‘gross revenue’ below.This type of arrangement:•is only really appropriate where ...
Headlease - definition of headlease by The Free Dictionary
WebNov 7, 2010 · As Jeffrey said, "head lease" properly refers to a lease granted by a freeholder. The term only tends to be used when an underlease is subsequently granted … WebMar 26, 2024 · Forfeiture: a practical overview. An overview of the key legal and practical issues which arise where a landlord takes steps to forfeit a lease, including waiver of the right to forfeit and the right to apply for relief from forfeiture. For detailed information on the court procedure for forfeiture and relief from forfeiture, see Practice notes ... harriet lake rustic campground
Lease of the reversion Practical Law
WebHeadlease Definition: the main lease between a tenant and a landlord Bedeutung, Aussprache, Übersetzungen und Beispiele WebMar 23, 2024 · The headlease permits subleasing, but only with the landlord’s consent. Where subletting is permitted and the landlord’s consent to the sublease is required, the Property Law Act 1974 (Qld) (PLA) provides that the landlord’s consent cannot be unreasonably withheld. If it appears the landlord’s consent has been unreasonably … WebThe Practice Note considers the definition of gross revenue, the impact of tenant default, the application of the principles involved to licences and other occupational arrangements, and other specific areas of concern for landlords and tenants respectively. ... Headlease rent linked to underlease rents Send to Email address * Open Help options ... charcoal dressings for wounds