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Landlord and Tenant Act 1987
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Landlord and Tenant Act 1987, Section 5C is up to date with all changes known to be in force on or before 19 January 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F15C Offer notice: requirements in case of grant or option or right of pre-emption.E+W
(1)The following requirements must be met in relation to an offer notice where the disposal consists of the grant of an option or right of pre-emption.
(2)The notice must contain particulars of the principal terms of the disposal proposed by the landlord, including in particular—
(a)the property, and the estate or interest in that property, to which the option or right of pre-emption relates,
(b)the consideration required by the landlord for granting the option or right of pre-emption, and
(c)the principal terms on which the option or right of pre-emption would be exercisable, including the consideration payable on its exercise.
(3)The notice must state that the notice constitutes an offer by the landlord to grant an option or right of pre-emption on those terms which may be accepted by the requisite majority of qualifying tenants of the constituent flats.
(4)The notice must specify a period within which that offer may be so accepted, being a period of not less than two months which is to begin with the date of service of the notice.
(5)The notice must specify a further period of not less than two months within which a person or persons may be nominated by the tenants under section 6.]
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