Business Lease Advice

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Landlord & Tenant Act 1954

The Landlord and Tenant Act 1954 provides business tenants with security of tenure so that they can only be required to vacate the premises at the end of the contractual term of the lease if the landlord follows a precise procedure and is able to demonstrate one of several specific grounds for denying the tenant the right of renewal.

The Act however offers a method by which the parties can agree to exclude these tenant’s rights.

The vast majority of commercial leases, particularly those for a short term, are excluded from the Act. You may hear people mention a lease being “outside of the Act” and this is what is meant by it.

If you want to know more about how the Landlord and Tenant Act 1954 may affect you contact us for a free initial legal consultation.

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