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The Life of a Lease: Module 4

Module 4: Expiry and Turnaround

With supervision time at a premium, the graduate surveyor or junior lawyer needs a reliable road-map to the significant moments in the life of a lease. The Life of a Lease series presents an extended case study, considering the key terms of a modern commercial lease form as applied to events over the term of a tenancy. Up-to-date caselaw is included, as well as the three key Protocols. 

Module Duration: 1 hour 53 minutes

Recorded: 06/12/2023

Areas covered

As lease expiry looms, both landlord and tenant need to be well-prepared for the issues which will arise. If disrepair has not yet been dealt with, this is likely to be a major concern for the landlord, along with reinstatement of alterations. There are deadlines for the landlord to observe if it is not to lose important remedies, and both sides need to be able to operate the Dilapidations Protocol. For tenants, lease termination can be fraught with difficulties, whether arising from operation of a break option, or just from identifying the correct procedural route to termination under the 1954 Act.

This webinar will include:

  • Exercise of break options – practicalities and common conditions
  • Preparation for lease expiry – timescales and deadlines
  • Reinstatement of alterations
  • Disrepair and the Dilapidations Protocol
  • Termination by tenants of leases within the 1954 Act


  • Mark Shelton, Commercial Property Management Law Trainer, CPM Law Training Limited and Author of 'A Practical Guide to the Law of Dilapidations' and 'A Practical Guide to Applications for Landlords' Consent and Variation of Leases'