Lease Expiry Issues
This course surveys all the commonly-occurring issues, the pitfalls and the top tips.
This course is of relevance to property managers, agents negotiating lettings, property investors and commercial occupiers.
|12 October 2017||Strand Palace Hotel, London|
Note: All prices are subject to VAT at the prevailing rate
By the end of the course you will be able to:
- Plan effectively for lease expiry, placing specific issues in the broad commercial context
- Understand the likely timescales involved
- Recognise the issues which are likely to require specialist professional input
- Understand the key commercial drivers for both landlord and tenant, and tactics for effective resolution of disputes
Lease expiry can be a high-stress period, not to mention an expensive one, for both landlord and tenant. Dealing with issues concerning the physical condition of the property, through dilapidations and reinstatement claims, is an obvious factor, but neglect of timing and financial management issues can also give rise to problems, as can an insufficient mastery of the procedures under the Landlord and Tenant Act 1954. Experience shows that the key to a smooth transition is early consideration of the commercial options, and effective preparation for enforcing lease obligations within that context.
Termination by tenant
Preparing for expiry – considerations for the landlord and tenant
Termination by landlord
Dilapidations at lease expiry
Fixtures, reinstatement, vacant possession