Store Break Notice For Free

A clause in a contract that permits a party to terminate the contract before the end of its term without cause (commonly referred to as termination for convenience) or for a specified purpose.

It might be called a break clause or something different. Here's an example: 'This agreement may be ended by landlord or tenant giving at least 2 months' notice in writing to the other party, to expire at any time after 6 months from the start of this agreement. '

Notice must be served ? the form of notice that is required to operate a break clause will be set out in the lease. The clause covering this should include what wording is necessary and how much time in advance the notice should be served to make the break clause work.

Exercising a break clause will allow you to terminate a lease before the expiry of the contractual term. However, in order to exercise a break right effectively, the break notice must be served in compliance with the lease terms and any conditions to the break must be complied with.

Once a break notice has been served is cannot be unilaterally withdrawn. Even if both parties agree that the notice is withdrawn, service of the notice terminates the existing lease and creates a new tenancy by implication. There are a number of consequences that flow from this. The first relates to security of tenure.

A tenant's notice to terminate a lease in ance with a break clause.

A legal notice ends your tenancy and your right to live in your home. Joint tenancies will end for all tenants even if only one of you gives notice. You cannot withdraw a valid notice if you change your mind. Your landlord may agree to let you or other joint tenants stay on after a notice ends.