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ARTICLE · 09 JANUARY 2018

It's Time To Take Notice

The need to give or receive notices arises frequently when you are dealing with commercial leasehold properties.

United KingdomReal Estate and Construction

The need to give or receive notices arises frequently when you are dealing with commercial leasehold properties. A notice is a formal way in which one party can make their intentions clear to the other party. Examples of when notices may be required include: contracting out of the Landlord and Tenant Act 1954; ending or renewing a lease under the 1954 Act; exercising a break or renewal right; initiating a rent review; giving notice of dealings; forfeiting of a lease; recovering rent from former tenants; and following the commercial rent arrears recovery procedure.

This note provides a general overview of the things to think about when dealing with notices: it does not attempt to look at rules relating to specific types of notice and legal advice should always be sought when giving notice or if you wish to challenge the validity of a notice.

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