Contracting out of the Landlord and Tenant Act 1954 
Expires after 90 days
CPD Hours: 1
This webinar is presented by Mark Shelton. Contracting out of the Landlord & Tenant Act 1954 was intended to be a straightforward matter, and usually is. It is a procedure which it is crucial to get right: it may underpin the property valuation, or it may vitally affect practical plans for the property. Unfortunately, though, it presents a number of technical issues in structuring some common transactions, and even in the simplest deals, there are a few practical points which must not be overlooked in its operation. The most recent caselaw usefully points the way to a more pragmatic and less technical approach and this webinar considers the procedure comprehensively in a way which applies common sense to the problems.
Watch the 2020 trailer:-
Topics covered include:
- Dealing with the unrepresented tenant
- The right form of declaration
- Authority to swear declarations on behalf of the tenant
- Pre-completion amendments to the form of lease
- More complex transaction structures
- Offer-back clauses
- Issues with surrender agreements
- To understand the considerations affecting the timing of serving the contracting-out notice.
- To identify the practical points which must be attended to in order to contract out of the 1954 Act effectively.
- To recognise the aspects of common transactions which present technical issues, and understand the ways round them.
- To be able to structure documentation to provide for an effective offer-back mechanism.