continuing liability

continuing liability
The doctrine of privity of contract means that the original person entering into a contract or lease remains liable even after the benefit of that contract has been assigned to another person. The Landlord and tenant (Covenants) Act 1995 has altered the position for leases entered into after 1 January 1996. The tenant is no longer automatically liable after he has transferred the lease to a new tenant.

Easyform Glossary of Law Terms. — UK law terms.

Look at other dictionaries:

  • Continuing medical education — (CME) refers to a specific form of continuing education (CE) that helps those in the medical field maintain competence and learn about new and developing areas of their field. These activities may take place as live events, written publications,… …   Wikipedia

  • Limited liability partnership — A limited liability partnership (abbreviated as LLP) has elements of partnerships and corporations. In an LLP, all partners have a form of limited liability for each individual s protection within the partnership, similar to that of the… …   Wikipedia

  • Joint and several liability — Where two or more persons are liable in respect of the same liability, in most common law legal systems they may either be:* jointly liable, or * severally liable, or * jointly and severally liable.Joint liabilityIf parties have joint liability,… …   Wikipedia

  • harbours and sea works — Introduction harbour also spelled  harbor        any part of a body of water and the manmade structures surrounding it that sufficiently shelters a vessel from wind, waves, and currents, enabling safe anchorage or the discharge and loading of… …   Universalium

  • Assignment (law) — Contract law Part …   Wikipedia

  • assigns the lease — When a tenant assigns a lease he usually needs to obtain the landlord s prior written consent or licence to so. The landlord is likely to ask for references, accounts and so forth, to establish whether the assignee will be a good and creditworthy …   Law dictionary

  • assign the lease — When a tenant assigns a lease he usually needs to obtain the landlord s prior written consent or licence to so. The landlord is likely to ask for references, accounts and so forth, to establish whether the assignee will be a good and creditworthy …   Law dictionary

  • lease assignment — When a tenant assigns a lease he usually needs to obtain the landlord s prior written consent or licence to so. The landlord is likely to ask for references, accounts and so forth, to establish whether the assignee will be a good and creditworthy …   Law dictionary

  • escape clause — A clause in the lease of a tenant stockholder in a cooperative apartment which permits him to assign his stock and lease to the cooperative association without receiving compensation therefor but enabling him to escape continuing liability to the …   Ballentine's law dictionary

  • guest — A person receiving lodging for pay at an inn, motel, or hotel on general undertaking of keeper thereof. A traveler who lodges with the consent of the keeper or owner. Guest is a person who is received and entertained at one s home, club, etc.,… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”