Commercial Leases · glossary
Agreeing, before the tenant is bound, that the security of tenure in the 1954 Act will not apply. Section 38A allows it in three steps: the landlord's warning notice, the tenant's declaration and the agreement in the lease. Clause 11 of Linnet's lease records all three. Lease, clause 11 · Chapter 2 · see Warning notice, Simple declaration, Statutory declaration
Explained in Chapter 2, Heads of Terms and Security of Tenure, of Commercial Leases.
A landlord that wants its space back for certain on a fixed date must act before the tenant is bound. The two sides agree that the protection will not apply. This is called contracting out.Read Chapter 2, Heads of Terms and Security of Tenure →
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