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

2

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.

S
F
Consultancy
100%

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