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Landlord and tenant - is a guarantee valid? eBulletin

A court decision last week has cast doubt on the enforceability of a guarantee given in respect of an Authorised Guarantee Agreement. The decision is important because it may give rise to the need to change what had become settled practice for almost 15 years, and will affect the protection which landlords expected to be able to call upon.

This eBulletin explains the court's decision and what it means for landlords, tenants and guarantors.

Click here to read the full eBulletin.

 

 

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