Property Action Review

    October 2009

    Welcome to the second edition of the review prepared by Hammonds' Property @ction team.

    In this issue we look at the following:

    (i) "A total break failure" - the need for accuracy in notices, and in particular in break notices.

    (ii) Vacant Possession: Just how vacant does it need to be?

    (iii) "A Victory, but at What Cost?" - the position taken by the Courts in a case where the costs far exceeded the value of the claim.

    (iv) "The Case of the Guarantor's Obligations and the bust assignee" - do guarantor's obligations come to an end following disclaimer of a lease?

    As always, all feedback and comments are appreciated. Should there be any topics that you would like covered in future editions then please contact a member of the team.