Focus on the Landlord and Tenant Act 1954
Six problem areas in lease renewal practice
If you are involved in lease renewal negotiations, whether as surveyor, investor or occupier, you cannot afford to miss this course.
|7 November 2017||AESSEAL New York Stadium, Rotherham||£210||BOOK|
Note: All prices are subject to VAT at the prevailing rate
By the end of the course you will be able to:
- Recognise where the nature of the tenant’s occupation may mean there is no right to renew
- Know how to disentangle chains of tenancies and sub-tenancies to identify the ‘competent landlord’
- Understand the difficulties and complexities of dealing with implied periodic tenancies
- Identify how to structure settlements so as to avoid difficulties arising under the 1954 Act
- Avoid becoming unintentionally bound by terms offered in negotiations, or in formal documents such as notices
- Understand the options available to the tenant who needs to avoid committing, while retaining the ability to terminate their rental commitment at the earliest date
- Recognise and avoid key problems in opposing the renewal of leases.
The Landlord and Tenant Act 1954 is the single most important piece of legislation affecting the commercial property market – but how much do you really understand it? It is a highly technical piece of legislation, with many traps for the unwary, and many little-known byways.
This course identifies particular problem areas for surveyors dealing with lease renewals, where improved awareness and understanding can not only mean avoiding mistakes (potentially very expensive ones), but also adding value in delivering an expert service to the client.
- Mark Shelton, Commercial Property Management Law Trainer, CPM Law Training Limited and Author of The Lease Guide website
Problems with business occupation
Landlords: immediate, superior, and ‘competent’
Regularising implied periodic tenancies
Pitfalls in agreeing renewal terms
How tenants can keep their options open
Key issues in opposed lease renewals