- v - (Southern : Section 24) [2014] UKFTT RP_CHI_43UF_OCE_2013_0053 (03 April 2014)

The Tribunal concluded that the only lease for value that can be granted by the lessor over the parking spaces is a lease in reversion to take effect.

Citation: [2014] UKFTT RP_CHI_43UF_OCE_2013_0053
Parties: Lessor: Oakley Court Freehold Limited
Jurisdiction: England and Wales
Judgment Date: 03 April 2014
Procedural Posture: Lease Determination / Final Judgment
Outcome: application dismissed
Legal Topics: Leasehold, Parking Spaces, Reversionary Lease

Property Law Leasehold Parking Spaces Reversionary Lease

Case Brief

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Parties

Oakley Court Freehold Limited

Lessor

Procedural Posture

Lease Determination / Final Judgment

Legal Issues

1 Whether the lessor can grant a lease for value over parking spaces
2 Nature of lease in reversion

Ratio Decidendi

The Tribunal concluded that the only lease for value that can be granted by the lessor over the parking spaces is a lease in reversion to take effect.

Court Disposition

application dismissed