Commercial Leases · glossary

Forfeiture

The landlord's right to end the lease because the tenant has broken it, by taking the premises back. Clause 9.1 allows it for rent unpaid 21 days after the due date, any other breach, or insolvency. For a breach other than unpaid rent, a section 146 notice must come first. Lease 9.1 · Chapter 9 · see Relief from forfeiture, Break clause

Explained in Chapter 9, The Break Clause, and Forfeiture, of Commercial Leases.

How it comes up, in Chapter 7
Two endings cannot be planned for: forfeiture, when Fellgate ends the lease because Linnet has broken it, and an end because insured damage was not repaired within three years. For those, Fellgate may give notice within one month after the lease ends. Linnet then has a reasonable time to do the work.
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Where this term lives

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