Landlord and Tenant Act 1987

59Meaning of "lease", "long lease" and related expressions

(1)In this Act "lease" and "tenancy" have the same meaning; and both expressions include—

(a)a sub-lease or sub-tenancy, and

(b)an agreement for a lease or tenancy (or for a sub-lease or subtenancy).

(2)The expressions "landlord" and "tenant", and references to letting, to the grant of a lease or to covenants or the terms of a lease shall be construed accordingly.

(3)In this Act "long lease" means—

(a)a lease granted for a term certain exceeding 21 years, whether or not it is (or may become) terminable before the end of that term by notice given by the tenant or by re-entry or forfeiture;

(b)a lease for a term fixed by law under a grant with a covenant or obligation for perpetual renewal, other than a lease by subdemise from one which is not a long lease; or

(c)a lease granted in pursuance of Part V of the Housing Act 1985 (the right to buy).