This paper aims to contend, that the old common law on forfeiture aimed a prejudice at tenants on termination of leases based on the basis of breach by the other party to that lease, and how the new reform consultation will be a better fir to the law on forfeiture as it will propitiate the complicated structure of the current law.
It is said that leases are governed by common contract principles of good faith and commercial reasonableness , for example, that a partys good-faith cooperate an implied condition precedent to performance of a contract. To this fact, there are many ways in which a lease may come to an end. For example through the means of repudiation which is usually linked to a claim for damages, the use of notice to quit . Termination has been acquired by other means by way of effluxion and notice whereby the period of notice comes to an end, this is regarded a…(short extract)