New case law on fixed-term leases creates pitfalls for landlords

Real Estate & Construction

ILO Newsletter, 9. Mai 2014

Tenancy law stipulates certain formal criteria for fixed-term leases. In particular, agreements must be in writing and specify a definite end date. If these criteria are not met, the landlord cannot enforce the end date. Two Supreme Court decisions on these criteria underline that parties need to agree whether they want to provide for a renewal option or a non-binding declaration of intent before signing a lease agreement.


Martin

Dr. Martin Foerster

LL.M. (LONDON) Partner
Print
Top