Lease ExtensionENG
A complete and practical legal guide to residential lease extensions to assist practitioners who are negotiating and drafting lease extension agreements.
1 Matter Plan
Overview
A complete and practical legal guide to residential lease extensions to assist practitioners who are negotiating and drafting lease extension agreements. Freeholders and tenant clients can be guided through the entire process.
The commentary has been prepared by experienced legal practitioners with significant knowledge of lease extension laws, and discusses issues such as qualifying criteria, valuations, costs, timetables, assignment, conveyancing processes, withdrawal, and termination.
Precedents provided with this publication include:
- To do lists with timetables;
- Enclosures for clients explaining the process;
- All required statutory forms and notices;
- Deed of assignment of s 42 notice;
- Deed of surrender and regrant of lease.
The comprehensive Retainer Instructions ensures nothing is missed and the client is properly advised.
Ready To Use Resources
Choose from ready-to-use legal documents within this Publication.
1 Matter Plan Included
- ALERT - From 1 October 2024, the Land Registry will not accept first registration applications made by conveyancers with certified copy deeds and documents. Original deeds and documents will be required, where available. See paragraph 4.4.4. of Practice Guide 1.“From 1 October 2024, the Land Registry will not accept first registration applications made by conveyancers with certified copy deeds and documents. Original deeds and documents will be required, where available. See paragraph 4.4.4. of Practice Guide 1.”
- Full Commentary - Lease Extension“null”
- Reference materials
- Overview“A lease is granted for a fixed number of years, and once those years have expired the property reverts to the landlord. Therefore, by the nature of the beast, a lease is a depreciating asset as it starts to lose value as the lease term diminishes. The statutory rights discussed in this ...”
- Summary of the process“The usual steps in acting for the tenant on a lease extension are:”
- Acting for the landlord
- Acting for the tenant
- Further information“”
- Comments and suggestions for By Lawyers“null”
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