Landlord and Tenant Act 1954 (UK)

The Landlord and Tenant Act 1954 is a UK law that provides tenants with the right to renew certain commercial leases when they expire, unless the landlord has valid reasons to oppose renewal. It aims to balance the interests of landlords and tenants, allowing tenants stability and certainty while giving landlords control over their property. The Act applies mainly to business leases and sets out procedures for renewal, rent negotiations, and disputes. It helps prevent landlords from unfairly ending leases, ensuring tenants can continue their business activities when appropriate.