Hua Chiao Commercial Bank Ltd v Chiaphua Industries Ltd

Subject Matter

LAND — Hong kong — Land — Lease — Deposit paid by tenant as security for performance of covenants — Landlord's assignment of lease — Whether assignee liable to repay deposit to tenant

[1987] AC 99; [1987] 2 WLR 179

LANDLORD AND TENANT — Assignment of lease or underletting — Effect of assignment — Deposit payable by tenant at commencement of lease to secure performance of tenant's covenants — Landlord to return deposit to tenant at expiration of term without breach of covenant by tenant — Whether obligation to return deposit passing to assignee of reversion

[1987] AC 99; [1987] 2 WLR 179

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