template

Section 12A Standard Notice Of Tenant's Election To Take Benefit Of Contract

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

This standard document is a notice from tenants to a landlord, given by the requisite majority of qualifying tenants, that they elect to take the benefit of a contract under section 12A of the Landlord and Tenant Act 1987 (LTA 1987). The landlord has entered into a contract to dispose of an interest in the property to a third party in breach of the LTA 1987. The effect of the election is that the contract has effect as if the landlord had entered into the contract with a person nominated by the tenants, with modifications if necessary.

Key issues covered in this template

  • Disposal contract
  • Electing third party
  • Nominated purchaser
  • Other property
  • Terms of contract
  • N/A

What to watch out for

  • The document is a notice of election by tenants to take the benefit of a contract under section 12A of the Landlord and Tenant Act 1987

  • The election is given by the requisite majority of qualifying tenants to a landlord who has entered into a contract to dispose of an interest in the property in breach of the LTA 1987

  • The effect of the election is that the contract has effect as if the landlord had entered into the contract with a person nominated by the tenants, with modifications if necessary

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

Additional information

Business categories

Business activities

Relevant sectors

Real Estate

Construction

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes