When LTA 1954 applies on surrender—agreements to surrender Under section 24 of the Landlord and Tenant Act 1954 (LTA 1954), if a lease is not contracted out of LTA 1954,...
Accepting a surrender can be the quickest way for a landlord to regain possession of the premises from an insolvent tenant. It circumvents the extra requirements before...
The implied or deemed surrender and re-grant of a lease arises where an agreed variation of the terms of the original lease is so fundamental that the law regards it as...
A surrender by operation of law occurs when the unequivocal conduct of both parties is inconsistent with the continuation of the tenancy. This is demonstrated by the...
Express surrender An express surrender results in the lease being absorbed by the reversionary estate, as a result of which the lease determines. An express surrender of...
Introduction A site that is ripe for redevelopment can also be laden with different interests, with varying degrees of legal protection. Landlords that are looking to...
The general common law principle is that when a lease comes to an end any underlease automatically terminates. Consensual termination—surrender and merger Statute...