Tenants should take note of a Court of Appeal decision that emphasises the need to pay close attention to all the requirements of a break clause, including the formal requirements, and to follow them precisely. The court held that a notice purporting to exercise a break clause in a lease was ineffective because it failed to include wording specified by the lease.
A checklist is available that highlights the practical issues that a tenant should consider when exercising a break clause in a commercial lease.
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