This Act converts ultra-long leases (i.e. leases that were let for over 175 years and that have over 100 years left to run from the appointed day) into ownership. Certain leasehold conditions to real burdens. The Act also covers compensation for loss of landlord s rights and provides exemption from conversion and continuing leases. The conversion of qualifying leases to ownership is automatic, unless the tenant chooses to opt. The Act extinguishes all rights and obligations arising from the qualifying lease and any superior lease. The rights and obligations may be set out expressly in a deed or be implied by virtue of the landlord and tenant relationship. The Act also concerns rights of sport fishing and hunting reserved in the lease. As for fishing an exclusive right to fish for freshwater fish is included. Freshwater fish is defined in section 80. The definition mirrors that in section 69(1) of the Salmon and Freshwater Fisheries (Consolidation) (Scotland) Act 2003. Hunting rights include an exclusive right to take hares, pheasants, partridges, grouse and ptarmigan.
This Act converts ultra-long leases (i.e. leases that were let for over 175 years and that have over 100 years left to run from the appointed day) into ownership. Certain leasehold conditions to real burdens. The Act also covers compensation for loss of landlord’s rights and provides exemption from conversion and continuing leases. The conversion of qualifying leases to ownership is automatic, unless the tenant chooses to opt. The Act extinguishes all rights and obligations arising from the qual
Title:
Long Leases (Scotland) Act 2012 (2012 asp 9).
Country:
United Kingdom of Great Britain and Northern Ireland
Type of document:
Legislation
Date of text:
2012
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