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Most people involved with the management of commercial property have a fair working knowledge of Part II of the Landlord and Tenant Act 1954 which was subsequently amended by the Law of Property Act 1969. Although far from perfect, these statutes are generally accepted to be one of Parliament's more successful attempts to regulate the rights of landlords and tenants. And so they are, for the vast majority of relatively straightforward cases of lease expiry and renewal. Experience has shown, however, that in a minority of cases which fail to be dealt with under the procedures laid down by these statutes, intertwined with various facets of common law, that strange and possibly unfair results can emerge if the Property Manager does not think far enough ahead.

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