Business Tenancies & Renewals Under the 1954 Act - A Practical Workshop for Advisers
Introduction
The Landlord and Tenant Act 1954 governs the rights and obligations of landlords and tenants of premises that are occupied for business purposes. The Act provides strict procedures that need to be followed for the renewal or termination of business tenancies.
In a changing landscape for commercial premises, with many landlords and tenants re-evaluating their need for commercial space and/or considering re-development, there is no better time to make sure you understand the law and procedure in this area.
What You Will Learn
This course will cover the following:
- Definition of a business tenancy
- Banning upwards-only rent reviews in business tenancies
- Excluding The Act
- Tenancies at will and periodic tenancies
- S.25 notices
- S.26 requests
- Tenant’s notice to quit
- Grounds of opposition
- Renewal terms
- Compensation for disturbance
- Interim rents
- Forfeiture of business tenancies