Can this act be used against impending bar on Agents fees?

You are here : Member Forums Letting Agents Can this act be used against impending bar on Agents fees?
L
Lizbet
85 Posts
1 Thanks

I don't recall ever seeing the following act in a residential lease but reference to a mutual agreement between the landlord and tenant to exclude this Act is commonly found at the back of routine commercial leases and has been for decades. Any thoughts?

6 & 7 ELiz. 2 Costs of Leases Act, 1958 CH. 52

CHAPTER 52

An Act to make provision for the incidence of the costs

of leases. [23rd July, 1958]

E it enacted by the Queen's most Excellent Majesty, by and E.F with the advice and consent of the Lords Spiritual and

Temporal, and Commons, in this present Parliament

assembled, and by the authority of the same, as follows:-

  1. Notwithstanding any custom to the contrary, a party to a costs of

lease shall, unless the parties thereto agree otherwise in writing, leases.

be under no obligation to pay the whole or any part of any

other party's solicitor's costs of the lease.

  1. In this Act- Interpretation.

a " lease " includes an underlease and an agreement for a

lease or underlease or for a tenancy or sub-tenancy;

b " costs " includes fees, charges, disbursements (including

stamp duty), expenses and remuneration.

  1. This Act may be cited as the Costs of Leases Act, 1958.

09/12/2016 11:56 - Quote - Report - Thank this member

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

Landlord & Investment Show
Martin Co
Envirovent
Property Six Pack (Gas Elec)

Share this page