LTA 1987: tenants' election to take benefit of contract under section 12A | Practical Law

LTA 1987: tenants' election to take benefit of contract under section 12A | Practical Law

This standard document is a tenants' notice of election to take the benefit of a contract under section 12A of the Landlord and Tenant Act 1987 (LTA 1987). It 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 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.

LTA 1987: tenants' election to take benefit of contract under section 12A

Practical Law UK Standard Document w-007-7730 (Approx. 6 pages)

LTA 1987: tenants' election to take benefit of contract under section 12A

Maintained, England, Wales
This standard document is a tenants' notice of election to take the benefit of a contract under section 12A of the Landlord and Tenant Act 1987 (LTA 1987). It 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 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.