Leasehold Enfranchisement

Cover Leasehold Enfranchisement
Leasehold Enfranchisement
Arthur Underhill
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" Oddly enough, I myself have a case now in my chambers of precisely this character, where a medical man is trying to get rid of an agreement to buy his house, because he finds it does not suit him.
But in addition to interference with men's '•homes, - ' there is a point which I have reason to believe creates a great deal of discontent with the leasehold system, viz. , the fact that on the termination of a lease of trade property (such as a shop or a manufactory) which has acquired a fictitious
... value to the occupier by reason of the goodwill of his trade, the landlord can, and in some cases does, raise the rent — not on the basis of the actual value of the property in the open market, but on the basis of its value to the occupier, having regard to the goodwill of his business, an increment of value in no way due to the landlord, nor one which the tenant was in any way bound to create. Now I am not going to say that such cases are not very hard. They are, I am assured, very rare, but that they do occasionally occur is beyond question.

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