LTA 1987: section 5B offer notice | Practical Law

LTA 1987: section 5B offer notice | Practical Law

A template notice under section 5B of the Landlord and Tenant Act 1987 (LTA 1987), offering the qualifying tenants the right of first refusal where the landlord intends to dispose of an interest in qualifying premises by way of a sale at a public auction.

LTA 1987: section 5B offer notice

Practical Law UK Standard Document 8-519-6192 (Approx. 11 pages)

LTA 1987: section 5B offer notice

Maintained, England, Wales
A template notice under section 5B of the Landlord and Tenant Act 1987 (LTA 1987), offering the qualifying tenants the right of first refusal where the landlord intends to dispose of an interest in qualifying premises by way of a sale at a public auction.
An offer notice under section 5B of the LTA 1987 must be served not less than four months or more than six months before the auction date.
Note: When preparing a notice based on this template, take care to check all paragraph cross references are correct. If they are not, there is a risk that the notice could be invalid.