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Question Title: Mesne profits
| Question: 176 |
| One of my landlords has written to me about “mesne profits”. What does this term mean?
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| Answer: |
| Mesne profits is defined in the dictionary as “money that a landlord can claim from a tenant who continues to occupy property after his tenancy ends, the amount being equivalent to the current market rent of the property.” This is to distinguish the money from rent in order that acceptance should not be construed as creating a new tenancy. The courts have considered that this is one element in establishing whether the intention to create a tenancy exists. (see Stirling v. Leadenhall Residential 2 Ltd., LUJ July 2001 p. 20.)
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References:
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Pages:
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Hyperlinks:
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Letting Update Journal |
Jul 2002 page 22 |
letting-update-journal.html
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Letting Update Journal |
July 2001 page 20 |
letting-update-journal.html
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Letting Handbook |
Chapter12 |
letting-handbook-and-factsheets.html
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For more information, discuss on the Forum
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