Landlord & Tenant Act 1987 Flashcards
1
Q
What are the 3 rights provided by the Act
A
First refusal if LL disposes
Apply to FTT for appt of receiver/manager
Collectively to acquire FH where LL in breach of man. obligation
2
Q
First Refusal - what are the qualifying conditions (4)
A
Premises must come within Act
LL must not be exempt
T must be QT
Must be relevant disposal
3
Q
First Refusal - Procedure (3)
A
LL must serve notice s5
T must serve counter notice
Exchange in 3 months
4
Q
What happens if LL doenst follow procedure (3)
A
LL commits crime if no notice given
New LL must serve notice on Ts
Ts can acquire FH from new LL if procedure not followed