Property Law 10 - termination Flashcards
What are the methods of terminating leases?
- Effluxion of time
- Surrender
- Notice to Quit
- Merger
What is Effluxion of time
- the end of the tenancy
What happens if a tenant stays after the lease runs out with the Landlord’s permission?
- If the landlord consents to an unprotected tenant remaining in occupation, the tenant is not holding over, but would be treated as a ‘tenant at will’.
What happens if a tenant stays after the lease runs out with the Landlord’s permission and the Landlord accepts rent?
- If the landlord accepts rent, then the tenancy at will may be converted to a periodic tenancy and, if otherwise qualify, will acquire security of tenure.
Notice to quit - unless the contract says otherwise, what is the period in which a notice to quit must be given?
Weekly – four weeks (residential) or one week (other tenancies)
Monthly – one month
Quarterly – one quarter
Yearly – six months
Which day must a notice to quit be for?
The first day or the last day of the tenancy period
Who can issue a notice to quit?
Either the landlord or tenant
What happens if a Landlord issues a notice to quit for a protected tenancy?
The notice will only end the periodic tenancy itself. The tenant will be entitled to hold over.
How does a Landlord gain control when issueing a notice to quit for a protected tenancy?
Issue a hostile s.25 notice which may also be the notice to quit
What is a surrender of a lease?
An agreement by both Landlord and tenant that the lease should come to an end. A premium may be payable by the party that wants to surrender.
How can a surrender by effected?
- A surrender by deed
- A surrender by operation of law
What is a surrender by operation of law?
A surrender by operation of law arises when the landlord and tenant act in way that is inconsistent with the continuation of the tenancy. For example, the landlord accepts the keys from the tenant with an understanding that the tenant is leaving the premises permanently.
What is a merger?
A merger happens when either the tenant acquires the landlord’s superior interest (the opposite to a surrender), or a third party acquires both.