Lease renewals Flashcards
1
Q
What Section is required for outside the act
A
SECTION 38A
2
Q
What is a health warning
A
When LL is required to serve a notice on the prospective tenant warning that the proposed lease will not be protected (outside the act)
3
Q
What are the 2 types of declaration
A
Simple Declaration - given when the parties have at least 14 days or more prior to committing the lease.
Statutory Declaration - given when the parties have less than 14 days prior to committing to the lease.
4
Q
What are three disregards for rent reviews
A
Any effect of goodwill on tenants occupation
Ignore goodwill attached to the property
Tenants improvements if landlord consent has been granted for the works