Agreement To Surrender 1954 Act Lease

The seller has therefore failed to fulfil its obligations under the contract of sale. If it was not within the seller`s power to provide the deed of delivery, the buyer would either have to accept the title offered (i.e. subject to the lease agreement) and claim damages, or treat the contract as terminated by the infringement. At first glance, the effect of section 28 is simply to replace the statutory right of continuance, which the 1954 Act classified as a tenant, with a contractual right of continuance. Discount – If the rental agreement does not contain an option to interrupt, it can only be terminated if the owner agrees.. . . .

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