Which is court should you apply to for a lease renewal?

Which court should you apply to for a lease renewal? If a business tenant satisfies certain criteria under the Landlord & Tenant Act 1954 (the ‘1954 Act’), then they have a statutory right to renew their lease at the end of their lease.

What do I need to know about renewing my lease?

Section 25 notice – Served by the landlord to the tenant, ending the current lease. Where the landlord is willing to renew the lease, the notice will set out the terms of the new lease. These are merely the landlord’s suggestions for further discussion, which the tenant does not have to accept; or

When does a new lease start after an order has been revoked?

Once the order is revoked, the tenant must leave the premises. The new lease will normally commence upon expiry of the existing lease, or on the date the landlord or tenant proposes in the Section 25 notice or Section 26 notice.

When to serve a section 26 notice for a new lease?

The landlord cannot bring the lease to an end before the lease expiry date. The tenant can serve a Section 26 notice not more than 12 months and not less than 6 months before the date upon which the tenant wishes a new lease to begin. The tenant cannot begin a new lease until after the expiry date of the existing lease.

When do you send a lease renewal notice?

Landlords should offer tenants a lease renewal notice 90 days before the lease expires. You can offer in-person, send via email, or send a letter. The goal is to receive a reply within 30 days so that you have at least 60 days to find a new tenant if your current tenant declines the renewal offer.

Can a tenant say no to a lease renewal?

A lease renewal won’t always work. For one, you may not want to renew with a tenant if he or she has skipped rent payments or didn’t take care of the property. And sometimes tenants will say no to a renewal for various reasons: Tenant is moving out of state for a new job. Tenant moves closer to their workplace.

Which court should you apply to for a lease renewal? If a business tenant satisfies certain criteria under the Landlord & Tenant Act 1954 (the ‘1954 Act’), then they have a statutory right to renew their lease at the end of their lease.

What’s the best way to offer a lease renewal?

You can offer in-person, send via email, or send a letter. The goal is to receive a reply within 30 days so that you have at least 60 days to find a new tenant if your current tenant declines the renewal offer. The most efficient way to offer a lease renewal is via email or another digital delivery method.