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(p. 154) 4. Leasehold ownership 

(p. 154) 4. Leasehold ownership
(p. 154) 4. Leasehold ownership

Kevin Gray

and Susan Francis Gray

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date: 25 February 2020

Titles in the Core Text series take the reader straight to the heart of the subject, providing focused, concise, and reliable guides for students at all levels. This chapter focuses on leasehold ownership (or ownership of a ‘term of years absolute’). It discusses the following: the definition and characteristics of the leasehold estate; the creation, disposition, and termination of leases; the principal obligations that arise in the leasehold context; the remedies available to the landlord in the event of tenant default; the framework of enforcement relationships generated within the leasehold structure; leasehold enfranchisement and extension; and the corpus of protective and regulatory legislation which governs the relations of landlord and tenant.

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