Short-Term Commercial Lettings - The Right Documentation & Effective Termination
Average letting terms continue to shrink and short, flexible lettings remain the order of the day. Landlords often require to be supplied with 'foolproof' standard agreements, or at least to have lettings tied up and documented at minimal expense. There are traps for both landlords and tenants and you need to know how to identify the most reliable option.
- Why might it be a mistake to sign tenancies commencing at a future date?
- Can successive six-month tenancies avoid security of tenure?
- Must a periodic tenant have been in occupation for twelve months in order to have security of tenure?
This course will consider the use of standard form licence agreements, and other types of short, simple letting documents, and identify when they may be appropriate plus when more formal arrangements are preferable.
Delegates will also gain an understanding of the pros and cons of the available options from both a landlord's and a tenant's point of view and whether difficult technical areas remain.
What You Will Learn
This course will cover the following:
- Refresher on licences to occupy, tenancies at will, periodic tenancies and their creation
- Nature of occupation under an agreement for lease - does Walsh v Lonsdale override express provisions?
- Working the levers of the Landlord and Tenant Act 1954, including contracting-out issues
- Some key issues on break clauses
- What provisions are required or appropriate on key commercial issues; alienation, repair and use
Quick Quiz - Test Your Knowledge: Just click Landlord & Tenant
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