Summary
Owners and occupiers of commercial property should consider new tactics before changes to the Landlord & Tenant Act 1954 on business lease expiry come into effect on June 1.
According to Guy Willetts, property litigation partner at law firm Shoosmiths: 'There are no transitional provisions. If the process has begun by either landlord or tenant before June 1, 2004, the old rules apply. If the process is not begun until after that date, new rules apply.See the full content of this document
Extract
New Tactics Needed for Revised Leases
'By deliberately waiting for June 1 before ins...
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