Contracting out of security of tenure
19th June, 2015
Under the Landlord and Tenant Act 1954, the tenant of premises from which a business is carried on has security of tenure when the agreed term of a lease comes to an end. This means that, even though the fixed term of the lease has ended, tenants of business premises have the right to remain in occupation at the end of the contractual term of a lease and the right to apply to court for the grant of a new lease.
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