Correcting a mistake in an RPI rent review clause

Hewitson, Russell (2021) Correcting a mistake in an RPI rent review clause. The Conveyancer and Property Lawyer, 85 (3). pp. 245-251. ISSN 0010-8200

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Abstract

Considers Monsolar IQ Ltd v Woden Park Ltd (CA), a landlord's appeal against a decision that there was a mistake in the drafting of the rent review clause in a lease of a site rented to the respondent tenant for use as a solar farm, where the revised rent was calculated by reference to the Retail Prices Index (RPI) such that the annual increase was the aggregated increase over all previous years of the term, rather than being relative to the previous year only. Provides a precedent RPI rent review clause.

Item Type: Article
Uncontrolled Keywords: Common mistake, Contract terms, Drafting, Intention, Rectification, Rent reviews, Retail Prices, Index
Subjects: M100 Law by area
Department: Faculties > Business and Law > Northumbria Law School
Depositing User: John Coen
Date Deposited: 21 Oct 2021 13:22
Last Modified: 21 Oct 2021 13:30
URI: http://nrl.northumbria.ac.uk/id/eprint/47533

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