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JGM, Solicitor
Category: Property Law
Satisfied Customers: 12088
Experience:  30 years experience in property law.
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I have a shop lease years and one of the 3 named owners

Customer Question

I have a shop lease for 6 years
and one of the 3 named owners of the property has died
is my lease still valid,
I guess the estate of the deceased will have to be sorted out
what do I need to do ?
01733 575544 ***@******.***
Submitted: 2 years ago.
Category: Property Law
Expert:  JGM replied 2 years ago.
Your lease is still valid. You don't have to do anything. The landlord's interest in the lease in respect of the person who has died vests in his estate. That might result in a change of landlord in that his beneficiaries will eventually inherit his share in the property but the lease continues and the executors and beneficiaries are bound by it.
I hope this helps. Please leave a positive rating so that I am credited for my time.