Notice from landlord to commercial tenant granting new tenancy.
This document is crucial for both the landlord and the tenant as it sets the stage for negotiation and discussion regarding the terms of the new lease. It provides a clear and formal communication channel to ensure that both parties are fully aware of the landlord's intention and can prepare accordingly. The Section 25 Notice helps to establish transparency and legal validity in the lease agreement process.
By issuing the Section 25 Notice - Granting New Lease, the landlord fulfills their legal obligation to inform the tenant of their intent to grant a new lease for the property. This document promotes fairness and openness in the landlord-tenant relationship and ensures that both parties have an opportunity to discuss and agree upon the terms of the new lease before finalizing the agreement.
The Section 25 Notice - Granting New Lease should be used by a landlord who wishes to grant a new lease to their tenant. It informs the tenant of the landlord's intention to grant a new lease and outlines the terms and conditions of the proposed lease.
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