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Simon Taylor, Head of Property Services, Ethical Property Foundation and Sue Boyall, Partner, Excello Law discuss the complexities of break clauses and your rights as a tenant.
Key topics:
- Break clauses and knowing your rights: Understand what break clauses are, how they work, and what your rights are when invoking them.
- Lease termination: Learn about the different ways a lease can come to an end, including the natural expiration of the term.
- Handing back the keys: Discover whether you can simply hand back the keys and walk away, or if there are additional steps you need to take.
- Timing and notice: The importance of knowing your break dates, giving proper notice, and organising your timeline to ensure a smooth transition.
- Legal and suitability checks for new premises: Ensure that your new premises are legally permissible and suitable for your needs, including considerations for planning and conversion costs.
- Property condition and repairs: Understand your obligations to return the property in a good state of repair and what dilapidations entail.
- Proactive lease management: Learn why it's beneficial to consider your obligations at the beginning of the lease, including creating a schedule of conditions to limit end-of-lease liabilities.
- Building surveys: The importance of conducting a building survey before entering a property as a critical first step in negotiating with a landlord and understanding the state of the building.
Join us as we provide essential insights and practical advice to help you navigate the end-of-lease process with confidence and ease.
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