The court considered the effect of a side letter, made between a tenant and a landlord at the same time as the grant of a lease, and the payment and acceptance of rent pending a review of rent payable under the lease. The issues are whether a review of the rent payable was impliedly agreed by the payment and acceptance of rent at an increased rate, and whether the terms of the side letter entitling the landlord to terminate its effect are unenforceable as a contractual penalty.
Judges:
Mr Fancourt QC
Citations:
[2017] EWHC 350 (Ch)
Links:
Jurisdiction:
England and Wales
Landlord and Tenant, Contract
Updated: 15 October 2022; Ref: scu.581324