364. The landlord's offer.

Where a landlord proposes to make a relevant disposal1 of premises to which the Landlord and Tenant Act 1987 applies, he must serve an offer notice on the qualifying tenants of the flats in the premises2.

A notice served where the disposal is a normal sale by contract must:

  1.  

    (1)     set out the principal terms proposed including the property and the estate or interest to be disposed of (the 'protected interest') and the consideration required;

  2.  

    (2)     state that it constitutes an offer to dispose of the property on those terms which may be accepted by the requisite majority of qualifying