What does it mean to “contract out” of the Landlord and Tenant Act 1954?
Contracting out of the Landlord and Tenant Act 1954 allows the landlord and tenant to agree that that the tenant will have no security of tenure. This means that when the lease has expired, the tenant will be unable to apply to the court for a new tenancy (under the Landlord and Tenant Act 1954 tenants with business leases for more than one year generally have security of tenure when the lease expires). If the landlord and tenant do not contract out of the Landlord and Tenant Act 1954, then special notices (Section 25 Notice or Section 26 Notice) will have to be filled by the landlord and/or tenant in order to extend the lease.
Related Questions
- Can the tenant apply to the courts to renew the lease if the tenant has already agreed to contract out the Landlord and Tenant Act 1954?
- What is a "Protected" tenancy and what does "Contracting Out" of the Landlord and Tenant Act 1954 mean?
- What does it mean to "contract out" of the Landlord and Tenant Act 1954?
