Standard Notice Of Request From Reversioner To Tenant To Double Time Limit

Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

⛪ LRA 1967 notice

Business activity

Extend lease time

Why use a ⛪ LRA 1967 notice?

A LRA 1967 notice is a formal written notice that is used to notify an individual or organization of their impending legal proceedings. The notice will outline the specific charges or claims against the individual or organization, as well as the date and time of the legal proceedings.

This legal template titled "Standard Notice of Request from Reversioner to Tenant to Double Time Limit" under UK law is a formal document used in real estate or tenancy affairs. The template could potentially be utilized by a reversioner, who is the party entitled to regain possession of a property upon the expiration of a lease.

The purpose of this template is to officially notify the tenant that the reversioner is requesting an extension of the existing lease term, effectively doubling the time limit stipulated in the original agreement. The notice highlights the reversioner's intention to prolong the tenancy period and typically outlines the legal basis and justifications behind this request, in compliance with UK law requirements.

Additional points covered in the template may include the specific duration of the proposed new lease term, the modified terms and conditions, any associated adjustments in rent or other financial obligations, as well as any necessary actions or response deadlines for the tenant.

Ultimately, this legal template aims to establish clear communication between the reversioner and the tenant, formally requesting an extension of the lease period while adhering to the legal framework and obligations set forth under UK law. It provides a standardized format to ensure transparency and fairness in the process while enabling both parties to negotiate and reach mutually agreeable terms for the extended tenancy.

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