Another view of AGAs
Article Abstract:
It has been argued that efforts by landlords to obtain a sub-guarantee from a guarantor to reinforce an authorised guarantee agreement (AGA) are meaningless. However, it is also possible to argue in favour of the opposite point of view. If the guarantor agrees on request to sub-guarantee any guarantee required of the tenant, then there is no danger of going against section 16 of the Landlord and Tenant (Covenants) Act 1995, as opponents of AGAs claim.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1996
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Landlord's double take
Article Abstract:
Tenants should check the small print of their tenancy agreements before carrying out improvements to property or they may find they have to pay their landlord an increased rent which reflects the improved state of the premises, regardless of who carried them out. Discussing planned changes will ensure the landlord is aware of improvements being made and will therefore not charge extra rent to the tenant for alterations made at their own expense.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 2000
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