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Landlord And Tenant Act 1954 Reforms: What Could Change For Commercial Leases?
The Law Commission is reviewing Part II of the Landlord and Tenant Act 1954, which governs security of tenure for business tenants in England and Wales. This consultation examines whether the 70-year-old legislation remains fit for purpose in today's commercial property market, considering reforms to short-term lease exemptions, contracting-out procedures, lease renewal terms, and redevelopment grounds.
Lester Aldridge LLP