Q&A: Grappling with the 1995 Landlord and Tenant Act

Georgina Redsell and Phillip Gale discuss some of the problems the Landlord and Tenant (Covenants) Act 1995 continues to present for commercial property professionals Question: I am a partner in a partnership of 20 people, four of whom are named as tenants in a lease of commercial premises; the rest are guarantors. One of the tenant partners is retiring and he wants to come off the lease; one of the other partners is proposed to replace him. We want to enter into an assignment of the lease to reflect this new position but I am worried about the Landlord and
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