Protection for Commercial Tenants
The government has recently announced new legislation to protect commercial tenants from facing eviction:
- The legislation protects commercial tenants for the next 3 months from eviction from non-payment, but will be kept under review by the government and has the potential for extension
- It no longer means landlords can forfeit the lease after 14 or 21 days following non-payment of rent
- This already applied to residential tenants, but has been expanded to now include commercial tenants
- Any current forfeiture proceedings will also be placed on hold until the end of June
- Certain classes of occupation will be excluded:
- Licences including serviced offices
- Tenancies at will
- Employment service tenancies
- Tenancies of less than 6 months
- Home business tenancies
- Agricultural holdings
- Mining leases
- Code Agreements under the Electronic Communications Code 2017
- Any other tenancies where Part 2 of the Landlord and Tenant Act 1954 is not applicable
- It is currently unknown what action needs to be taken (if any) to ensure protection. We will provide an email update once more information is released
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