commercial property 43 


It is not every day that planning policy monopolises the national headlines, writes Sue Crowther of Pitmans LLP


   to represent the biggest overhaul of       


 establish a clearer, more consistent       


 is the presumption in favour of  apply wherever a local authorities’    


  principles for sustainability in the    presumption will encourage local   them a greater say in how they    investors greater certainty about the types of applications that are likely to  planning process.


It is worth pausing here to note  local planning authorities have an  the effect of the presumption is likely       


      communities will have the power to  


 substantial opposition, most notably        are that in the government’s haste   confusion, create uncertainty   


  


 


In the days of silent film, a landlord who did not receive his rent had various remedies available, including strapping the defaulting tenant to a railway track or casting them out in the snow. In the modern world, a more subtle approach is required as Robert Green, senior commercial property associate at Gardner Leader LLP, explains


  tenant transferring his lease to a   incoming tenant will be able to        automatic liability of an outgoing tenant ceases when the lease is    as guarantor for the original tenant.


  tenant to guarantee the


obligations of the incoming     outgoing tenant if the incoming       much the same position as he 


  guarantor of the outgoing  as well, either to guarantee the obligations of the incoming  performance of the outgoing 


THE BUSINESS MAGAZINE – THAMES VALLEY –OCTOBER 2011


       on the transfer of a lease so that    


  relief in the more recent case     the performance of an outgoing   with a guarantee for so long as


 the tenant of the premises.


  matters that they will have the  even though the tenant will  It is essential however that     up to it as well as the outgoing  agreeing to the assignment of the lease.


  Green.


Details: Robert Green 01635-508115 r.green@gardner-leader.co.uk. www.gardner-leader.co.uk


     encouraging growth by making planning work for communities, not 


 framework for the planning system that is at issue, but the challenge of    or more.


Details: Sue Crowther 0118-9570222 scrowther@pitmans.com


www.businessmag.co.uk


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