Q&As

Can a deed of surrender of a commercial lease be drafted so that the deed is completed now with the lease actually being surrendered at a predetermined agreed date in the future?

read titleRead full title
Published on LexisPSL on 18/07/2016

The following Property Q&A provides comprehensive and up to date legal information covering:

  • Can a deed of surrender of a commercial lease be drafted so that the deed is completed now with the lease actually being surrendered at a predetermined agreed date in the future?

Can a deed of surrender of a commercial lease be drafted so that the deed is completed now with the lease actually being surrendered at a predetermined agreed date in the future?

Unless the parties agree otherwise and serve the correct notices before the lease is entered into, then where a tenant occupies premises for the purposes of a business, the lease will have the protection of Part II of the Landlord and Tenant Act 1954 (LTA 1954). Practitioners will be familiar with the fact that this means that absent to a right to forfeit it, arising as a result of the tenant’s breach of covenant, the landlord can only bring the lease to an end in accordance with the Act. When this happens, the tenant has a right to apply for a new lease and this can only be opposed by the landlord upon proof of certain grounds.

When the tenancy has the protection of the Act, the tenant cannot be required to enter into an agreement, either as a

Popular documents