Commercial Leases and Notices: A Practical Workshop
Anyone dealing with commercial leases will need to serve notices from time to time. Even prior to the grant of a lease it may be necessary to serve notice to contract the lease out of Part II of the Landlord and Tenant Act 1954, while further notices may be required as the lease runs on: whether to implement a rent review, seek landlord’s consent to alterations or assignment, or recover rent from a former tenant or guarantor.
On lease expiry, as well as notices to implement break options, or effect termination under the 1954 Act, notice may be required as a preliminary to forfeiture, or indeed to exercise an option for the grant of a new lease. All of them can raise recurring issues as to identification of parties, timing, drafting and service.
In this course we consider, by reference to an extended case study, each of the various common kinds of notice in turn, looking at formal requirements and best practice, and requirements specific to each kind of notice. Practical exercises will allow you to apply the course’s technical content to realistic scenarios.