Obligations Implied on Behalf of the Tenant
Any formal lease will usually contain an express covenant to pay rent, and such covenants will be dealt with in Chapter 7. Rent will be an important part of any informal lease — for example, one created by parol under s.54(2) LPA 1925. Although it is possible to have a gratuitous lease1, this would have to be expressly stated.
KeywordsFixed Term Express Covenant Statutory Obligation Periodic Tenant Tenant Company
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