LTA 1954: procedures for agreements to surrender

by Practical Law Property

Maintained | England, Wales

A note on the procedures under the Landlord and Tenant Act 1954 (LTA 1954) relating to an agreement to surrender a business tenancy. The note includes details of the notices that must be served and the declarations that must be made. We also consider how the procedures under the LTA 1954 might affect agreements for surrender where the lease or reversion might be transferred and conditional agreements to surrender.

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