Implications of Security of Tenure

Question 1

What is Security of Tenure?

Answer 1

Gives business tenants the right to remain in occupation of premises after end of contractual lease term

Question 2

What options does a landlord have near end of lease under security of tenure?

Answer 2

1) Forfeiture (if breach of obligations)
2) Serve a s25 notice

Question 3

What are the tenant’s options in a protected tenancy?

Answer 3

1) Vacate
2) Surrender lease
3) Serve notice to quit
4) Serve s26 notice to request new tenancy
5) Serve s27 notice to leave premises

Question 4

What is holding over?

Answer 4

Refers to tenant remaining in possession after contractual lease expires until new lease is valid or valid completion is completed