PR201 Agreement to exclude security of tenure - set of forms
Price: £19
PR202 Regulatory Reform: forms for agreement to surrender tenancy
Price: £19
When to use these forms: These forms packs can be used together or separately. The first pack contains what you will need in order to set up a lease which excludes security of tenure under the 2004 regulations. This regimen replaces the old system where the parties had to apply to court for an order.
The second pack contains the forms required in order to effect a surrender of a business lease. Before 2004, there were no special requirements for a surrender, so that a very simple agreement under hand was all that was required. The new system provides for more formality and explanation, so as to protect the tenant and make quite clear that he understands the impact of the documents.
It is not necessary as a matter of law for the old lease to be terminated or surrendered, for a new lease to take effect, but is a preferred course of action so as to:
make clear as between the parties that all obligations under the old lease have been satisfied;
provide evidence if required to third parties (such as Customs and Excise and the Inland revenue) that the lease has terminated;
avoid any problem arising by inadvertently agreeing the new lease in different terms, for example with slightly changed areas or boundaries.
PR201 Agreement to exclude security of tenure - set of forms
Price: £19
Document length: 0+ words; Explanatory notes: 0 words
PR202 Regulatory Reform: forms for agreement to surrender tenancy
Price: £19
Document length: 0+ words; Explanatory notes: 0 words
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