Costs of Leases Act 1958 (c. 52)

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.

[23rd July 1958]

Modifications etc. (not altering text)

C1 Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3

C2 Act repealed (N.I.) by S.I. 1976/582 (N.I. 12), art. 82(1), Sch. 3

Commencement Information

I1 Act wholly in force at Royal Assent

1 Costs of leases. E+W+S

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.

Modifications etc. (not altering text)

C3 S. 1 amended (E.W.) (01.01.1992) by S.I. 1991/2684, arts. 2, 4, Sch.1

C4 S. 1 applied (with modifications) (23.12.2011) by The Legal Services Act 2007 (Designation as a Licensing Authority) (No. 2) Order 2011 (S.I. 2011/2866), art. 1(2), Sch. 2

2 Interpretation. E+W+S

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. E+W+S

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