Kent Solicitors

Many leases say that the lease may be forfeited by Landlord on the insolvency of 'any Surety' of Tenant.

'Surety' will include the seller of the lease, who has entered into an Authorised Guarantee Agreement.

If he 'goes bust', then the Landlord may be able to require you to provide a replacement surety, depending on the terms of the lease.


Michael Breeze, Kaslers Solicitors LLP 07 900 195 195 http://www.kentsolicitor.co.uk/

Labels: leases landlord insolvency