11 Exoneration from, or redemption of, rentcharges etc
Leasehold Reform Act 1967 (1967 c 88) | Legislation

11  Exoneration from, or redemption of, rentcharges etc

(1)     Where a house and premises are to be conveyed to a tenant in pursuance of section 8 above, section (4)(b) shall not preclude the landlord from releasing, or procuring the release of, the house and premises from any rentcharge . . . ; and the conveyance may, with the tenant's agreement (which shall not be unreasonably withheld), provide in accordance with section 190(1) of the Law of Property Act 1925 that a rentcharge shall be charged exclusively on other land affected by it in exoneration of the house and premises, or be apportioned between other land affected by it and the house and premises.

(2)     Where, but for this subsection, a conveyance of a house and premises to a tenant might in accordance with section 8 above be made subject, in respect of rents to which this subsection applies, to an annual charge exceeding the annual rent payable under the tenancy at the relevant time, then the landlord shall be bound on or before the execution of the conveyance to secure that the house and premises are discharged from the whole or part of any rents in question to the extent necessary to secure that

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