Pre-commencement lease
A pre-commencement lease, under the Leasehold Reform (Ground Rent) Act 2022 is a lease that was granted before the commencement date of the Act (30 June 2022 for most long leases, and 1 April 2023 for long leases of retirement homes).
This also includes situations where a lease is granted according to a contract (except if this was an option or right of first refusal) that was signed before 30 June 2022 (or 1 April 2023 for retirement homes), but where the lease was granted after this date.
For further information visit Leasehold Reform (Ground Rent) Act 2022: Guidance for leaseholders, landlords and managing agents.
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