Got a draft agreement which I’ll be signing at the weekend. Most of it makes sense but there’s a few paras which, however many times I read them, appear to have no clear meaning
Not asking for legal advice, just trying to understand the point that’s being made…
The basis upon which the Landlord can recover possession from the Tenant, during the fixed term, apart from
Ground 1, are set out in the Grounds of Schedule 2 of the Housing Act 1988, (as amended) and which are referred
to in this Agreement are as follows:
Mandatory Grounds
GROUND 1
The Landlord HEREBY GIVES NOTICE to the Tenant that the Landlord is the owner occupier of the Premises within
the meaning of Ground 1 Part 1 of Schedule 2 of the Housing Act 1988 and that
(a) At some time before the beginning of the Tenancy the Landlord who is seeking possession or, in the case
of joint Landlords seeking possession, at least one of them occupied the dwelling-house as his only or
principal home; or
(b) The Landlord who is seeking possession or, in the case of joint Landlords seeking possession, at least one
of them requires the dwelling-house as his or his spouse’s only or principal home and neither the Landlord
(or in the case of joint Landlords any one of them) nor any other person who, as Landlord, derived title
under the Landlord who gave the notice mentioned above acquired the reversion on the Tenancy for
money or money’s worth.
and that possession of the Premises may be recovered under Ground 1 of part 1 of Schedule 2 of the Housing Act
1988 and the Tenant upon signing the Agreement acknowledges that he has received such notice.
GROUND 2
The Landlord HEREBY GIVES NOTICE to the Tenant that the dwelling house is subject to a mortgage granted
before the beginning of the Tenancy and
(a) the mortgagee is entitled to exercise a power of sale conferred on him by the mortgage or by Section 101
of the Law of Property Act 1925; and
(b) the mortgagee requires possession of the dwelling house for the purpose of disposing of it with vacant
possession and exercise of that power; and
(c) either notice was given as mentioned in Ground 1 above or the Court is satisfied that it is just and equitable
to dispense with the requirement notice;
and for the purposes of this ground “mortgage” includes a charge and “mortgagee” shall be construed accordingly
and that possession of the Premises might be recovered under Ground 2 of Part 1 of Schedule 2 of the Housing Act
1988 and the Tenant upon signing the Agreement acknowledges that he has received such notice.
And not sure where stamp duty comes into a rental agreement?
Stamp Duty Land Tax
31.1. The parties certify that there is no other agreement for a long term lease or tenancy, which attracts Stamp
Duty Land Tax payable at a higher rate on a purchase or premium, to which this Agreement gives effect.
31.2. The Tenant agrees that he will comply with his legal responsibility to pay the costs of the Stamp Duty Land
Tax for the Agreement given to him and signed by the other party.