Commercial Leases · glossary
The tenant's signed declaration, in a fixed form, that it has read the warning notice and accepts that it will have no security of tenure. It is enough if the notice was served at least 14 days before the tenant is bound. Clause 11.2 records it. Lease 11.2 · Chapter 2 · see Warning notice, Statutory declaration, Contracting out
Explained in Chapter 2, Heads of Terms and Security of Tenure, of Commercial Leases.
Which declaration the tenant makes depends on timing. Count the days from the day the notice is served to the day the tenant is bound. If there are at least 14 days, a simple declaration, signed for the tenant, is enough.Read Chapter 2, Heads of Terms and Security of Tenure →
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