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Costs of Leases Act 1958

1958 CHAPTER 52 6 and 7 Eliz 2

An Act to make provision for the incidence of the costs of leases.

1 Costs of leases.

Notwithstanding any custom to the contrary, a party to a lease shall, unless the parties thereto agree otherwise in writing, be under no obligation to pay the whole or any part of any other party’s solicitor’s costs of the lease.

2 Interpretation.

In this Act—

(a)

lease” includes an underlease and an agreement for a lease or underlease or for a tenancy or sub-tenancy;

(b)

costs” includes fees, charges, disbursements (including stamp duty), expenses and remuneration.

3 Short Title.

This Act may be cited as the Costs of Leases Act, 1958.