Section 25 Notice (Landlord Not Opposing New Lease)
This Section 25 Notice (Landlord Not Opposing New Lease) is the prescribed statutory notice a landlord must serve if it is willing to grant a new business lease to the tenant when the current lease expires.
The Section 25 Notice can be served twelve months before the end of the term of the lease or at any time thereafter. The Notice must specify a termination date that is between 6 and 12 months from the date the Notice is served (but the termination date cannot be earlier than the end of the contractual term of the lease).
The Notice includes the landlord’s proposals for the grant of a new lease (term, rent etc) and some pre-printed notes for the tenant explaining the effect of the Section 25 Notice and what steps the tenant now needs to take.
If the Landlord does not wish to grant a new lease to the tenant the Section 25 Notice (Landlord Opposing New Lease) should be used instead.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Section 25 Notice (Landlord Not Opposing New Lease) is in open format. Simply enter the requisite details in the highlighted fields and then sign and date the Notice. The text of the Notice must not otherwise be altered.
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