Amendments to the Tenancy Act favour landlords of old buildings, allowing them to stipulate a fixed term. As a result, landlords of old buildings and landlords of new buildings are treated equally for the first time in over 30 years.
Including: The Agreement; Lease Period; Payments and Taxes; Insurance; Termination; Transfer; Repair and Redecoration; Use; Statutory Rights
This update considers rent agreements with or without time limits and with unenforceable time limits, and explains when each of these can be challenged.
Business parks are excluded from the Tenancy Act's most important provisions. This update defines the term 'business park'.