English Landlord and Tenant Act 1954

The Landlord and Tenant Act 1954 is a key piece of UK legislation that governs the rights and responsibilities of landlords and tenants in commercial leases. It offers tenants protection by allowing them to renew their lease when it expires, preventing landlords from easily evicting them without valid reasons. This act helps maintain stability in business operations, ensuring tenants have security in their premises. It balances the interests of landlords and tenants, promoting fair treatment in commercial property agreements while establishing specific legal procedures for lease renewal and termination.