What is the ratio in Lace v Chantler?

The ratio is that for a valid lease, the maximum duration must be certain or capable of being made certain from the outset - uncertain terms cannot create valid leases.

What did the court decide in Lace v Chantler?

The court decided that a lease 'for the duration of the war' was invalid due to uncertain duration and could only create a periodic tenancy determinable by either party.

Why is Lace v Chantler important for landlord and tenant law?

It established the fundamental requirement that lease terms must be certain, which remains essential for lease validity and affects how tenancy agreements are drafted and interpreted.

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