Section 42 Notice Template
Not only can errors prove costly but service of the notice also puts obligations on the tenant should the landlord request.
Section 42 notice template. We have provided a section 42 notice template for those interested. The date by which you must respond to the this notice by giving a counter notice under section 45 of the 1993 act is. The notice includes some pre printed notes for the tenant explaining the purpose of the section 40 notice and the time limit for replying and clarifying what information the tenant needs to provide.
I have been told that the practical law notice may be invalid for this reason. I have been instructed to prepare a section 42 notice under the 1993 enfranchisement act. You do not have to serve an information notice the landlord must respond within 28 days.
This process is sometimes referred to as a lease extension. There is a risk of using a section 42 notice template when you aren t a solicitor because if you incorrectly serve notice on your freeholder then they could refuse to allow you to amend and you would have to wait 12 months before you could serve another notice. Optional phrases clauses are enclosed in square brackets.
The landlord s response to the notice. The address in england and wales at which notices may be given under chapter ii of part i of the 1993 act is. The landlord has to respond to the notice by the deadline set within it which is usually.
You serve an information notice under section 41 of the 1993 act. Copies of this notice are given to if none then insert n a. The template of what to include in a section 42 notice is shown in the article above.
By naylor solicitors march 30 2016 december 16 2016. In the leaseholder s section 42 notice they confirm the premium they wish to pay the freeholder to extend their lease by the statutory 90 years with a peppercorn ground rent no ground rent. We strongly recommend that you ask a solicitor with experience in lease extensions to prepare the notice.