Tenancy Agreement Forfeiture Clause
Forfeiture is the right of a lessor to terminate a rental agreement following an infringement committed by a tenant. A lessor can only terminate the rental agreement in the event of forfeiture if: If the rental agreement has expired for non-payment of rent, the tenant is entitled to an automatic exemption from forfeiture. There are different time scales and technical details that are too broad to discuss here, but for the most part, the tenant has to pay all arrears, interest, and costs. The rental agreement must expressly grant the lessor the right to deteriorate. There are limited circumstances in which a right of forfeiture may be implied in the lease, but in most leases there is a specific expiration clause. This clause usually gives the lessor the right to deteriorate if the tenant has committed an offence for a specified period of time, usually 14 or 21 days. It`s also possible that your AST will one day revert to a common law lease – for example, if the tenant sublets it or perhaps if it`s assigned to a limited liability company. In this case, you can initiate detention proceedings for forfeiture. This is usually the area if the tenant has breached a condition of the rental agreement or breached an agreement. Forfeiture is usually carried out by a bailiff (Certificated Enforcement Agent) who enters the property peacefully and takes over the empty property of the property. Currently, a lessor can lose a lease for several reasons, depending on the wording of the lease agreement. The most common is not the payment of rent.