Landlord and Tenant Flashcards
what is the min term for LL&T ACT Lease
6 months
when would you use LL&T ACT Lease
Business tenanncies
what is a licence
a licence is tempory permission to use property for specific purpose
no exlcusive posession
short term
personal
what is a lease
a lease is a legal agremeent where LL allows T to use property for set period in exhange for rent
rent
exlusive posesison
term
what is a tenancy at will
is an agreement where tenant iccupies a property with L permissiwithout a formal agreement
verabl or simple written nite
flexable
no fixed term
what is section 24 of LL&T ACT
Tenant applies for a new tenancy when current one expires
what is section 25 LL&T ACT
Landlord can terminate the tenancy or propose a new term
what are the different notices under section 25 LL&T ACT
Frindly - termiate but offers a new lease and proposes new terms
hostile - to end tenancy on specific grounds
what are the different notices under section 26 LL&T ACT
T can request a tenancy and propose term
how long does LL take to reply to a section 26
2 months
what are the different notices under section 27 LL&T ACT
Tenants right to terminate by servving notice
what are the different notices under section 28 LL&T ACT
Interimum rent
how is compensation paybale under what are the different notices under LL&T ACT
less than 14 years 1x ratable value
more than 14 years 2x ratable value
what is section 29 of LL&T ACT
Compensation for tenant if landlord opooses lease
what is section 30 of LL&T ACT
List of grounds for LL can oppose a lease renewal
what is section 31 of LL&T ACT
Precueduer court new tennacy
How to contrcat out of of LL&T ACT
Within 14 days need a solcitor
more than 14 days do not need one
(simple decelartion)
