Question
Wanda and Bran signed a lease which stated the terms to be 'upon such reasonable terms as commonly govern such a lease'. The length of
Wanda and Bran signed a lease which stated the terms to be 'upon such reasonable terms as commonly govern such a lease'. The length of the lease was not stated nor was the rent to be paid.
What view is a court most likely to take in relation to the lease?
Group of answer choices
The lease is valid as it is in writing:
- The lease is valid as the court will assume standard business practice
- The lease is invalid due to a lack of intention to create legal relations
- The lease is void/invalid as there is insufficient certainty of terms
- The lease is valid as a court can fill in the gaps by referring to leases of similar premises
PLEASE SELECT ONE OF THE ABOVE 4 STATEMENTS WHICH IS MOST CORRECT
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