Description
Break Clauses is a comprehensive guide that explains everything a property practitioner needs to know in respect of break clauses including:
* Comparisons between break clauses and other methods of terminating leases
* How to interpret break clauses and break notices
* How break clauses relate to other clauses within the lease, e.g. rent review clauses
* The effect of exercising a break notice on the respective obligations of landlords / tenants / sub-tenants
* The consequences of there being conditions precedent attached to the exercise of a break clause
* The formalities and the possible registration requirements of break clauses
* The procedure for the service of a break notice and the consequences of failing to comply with that procedure
* The interrelationship between break clauses and the security of tenure procedures under the Landlord and Tenant Act 1954
* Issues of professional liability in the context of break clauses
* Redevelopment break clauses
* Guidance on break clauses in residential and agricultural tenancies
