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  1. #1
    Join Date
    Mar 2008
    Posts
    7

    Lease/Licence Agreement "...person for the time being entitled to the reversion immed

    Hi there!

    I cannot understand the last part of the following sentence:

    'The Landlord' means the party named as 'landlord' in the Lease and includes the person for the time being entitled to the reversion immediately expectant on the determination of the term.

    I mean the part that starts with "...person for the time being entitled to the reversion immediately expectant on the determination of the term."

    Could you please explain the meaning of that section or reformulate it, if possible.

    Best Regards,
    Wojtek

  2. #2
    susiedqq is offline Key Member
    • Member Info
      • Member Type:
      • Academic
      • Native Language:
      • English
      • Home Country:
      • United States
      • Current Location:
      • United States
    Join Date
    Jan 2008
    Posts
    2,931

    Re: Lease/Licence Agreement "...person for the time being entitled to the reversion i

    It means the the current landlord is the one you dealing with - for the time being - and he/she is the one who is entering this agreement with you.

    The landlord MAY change during your lease agreement, but not likely unless the building gets sold.

  3. #3
    Join Date
    Mar 2008
    Posts
    7

    Re: Lease/Licence Agreement "...person for the time being entitled to the reversion i

    Many Thanks to you, susiedqq
    Have a nice day!

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