Guidance

Standalone lease closure

Published 13 November 2024

Applies to England and Wales

1. Overvieew

There are 14 types of lease closure transaction in total.聽

1.1 Lease closure 바카라 사이트� by disclaimer聽聽

Use where bankruptcy or liquidation has occurred.聽

1.2 Lease closure 바카라 사이트� by effluxion of time聽

Use when the term of a fixed term lease expired. The lease needs to be outside Landlord and Tenant Act 1954 and the Local 바카라 사이트 Housing Act 1989. You can use panel 9 of the CN1 to provide confirmation. Where determined by notice, provide a copy of the notice.聽

1.3 Lease closure 바카라 사이트� by notice聽聽

Use where the lease is terminated, for example following exercise of a break notice. The lease needs to be outside Landlord and Tenant Act 1954 and the Local 바카라 사이트 Housing Act 1989. You can use panel 9 of the CN1 to provide confirmation. Where determined by notice, provide a copy of the notice.聽

1.4 Lease closure 바카라 사이트� by forfeiture聽

Use where there is a court order for forfeiture, or the landlord has exercised peaceable re-entry under the lease and a statutory declaration or statement of truth has been provided. For example, where the tenant has not paid the rent, or the tenant has breached covenants of the lease. This option cannot be used on an assured tenancy.聽

1.5 Lease closure 바카라 사이트� merger with reversionary estate聽聽

Make sure you are able to apply for merger with reversionary estate before you select this transaction.聽

Two estates must be in same ownership (same person, same capacity, for example, one absolute owner and one trustee or personal representative - not possible). You may need to:聽

• provide evidence that the applicant holds all estates in the same capacity聽
• provide evidence that the applicant holds all estates upon the same trusts
• provide evidence that the trust no longer applies (so you바카라 사이트檒l need to apply to cancel the existing Form A restriction or apply for a Form A restriction on the title/titles which doesn바카라 사이트檛 have one together with a certificate that the applicant holds all estates upon the same trusts,

If you are also lodging an application for transfer or Form A restriction in a transfer, make sure you choose the correct priority order (for example, transfer first)聽

1.6 Lease closure 바카라 사이트� of assured tenancies following court order聽聽

Refer also to Schedules 1 and 7 of the Housing Act 1988.聽

This is only for use where the lease is registered.聽

1.7 Lease closure 바카라 사이트� on enlargement聽

Use to 바카라 사이트榚nlarge바카라 사이트� the residue of a long lease into a freehold, subject to the requirements of LPA 1925 s153.聽

1.8 Lease closure 바카라 사이트� on frustration聽聽

Use for the automatic determination of a lease by the doctrine of frustration, not by an event referred to in the 바카라 사이트榝rustration clause바카라 사이트� in the lease.聽

1.9 Lease closure 바카라 사이트� surrender by deed聽聽

The tenant surrenders the interest by way of deed and the landlord accepts. There is no prescribed form this can take but the landlord must consent to the surrender and evidence of this consent must be lodged.바카라 사이트痀ou will need to lodge a copy of the deed of surrender OR other deed effecting the surrender.聽

1.10 Lease closure 바카라 사이트� surrender by deed (not for value or reverse premium)聽

As above, but not for value.聽

1.11 Lease closure 바카라 사이트� surrender by deed (together with transfer)聽聽

Use when surrender is being effected by a transfer. This transfers it to the reversionary estate (for example, to the landlord).聽

Select 바카라 사이트楲ease closure - surrender by deed (together with transfer)바카라 사이트� and 바카라 사이트楾ransfer바카라 사이트�. Make sure the surrender is clear in the additional provisions panel, or by including a letter making it clear.聽

The바카라 사이트痩andlord바카라 사이트痬ust바카라 사이트痗onsent바카라 사이트痶o the surrender. Consent can be established by:聽

• lodging a letter of consent or by the landlord (or their바카라 사이트痗onveyancer) applying to close the registered바카라 사이트痩easehold바카라 사이트痶itle바카라 사이트痑nd/or cancel바카라 사이트痭otice바카라 사이트痮f the바카라 사이트痩ease,聽
• the바카라 사이트痙eed바카라 사이트�(or duplicate deeds signed separately) being executed by both the바카라 사이트痩andlord바카라 사이트痑nd바카라 사이트痶enant바카라 사이트痑nd incorporating wording along the following lines:聽

바카라 사이트淸Tenant] hereby [transfers and] surrenders to [landlord] the바카라 사이트痩and바카라 사이트痗omprised in the바카라 사이트痶itle바카라 사이트痑bove mentioned to the intent that the바카라 사이트痶erm바카라 사이트痮f years granted by the [registered]바카라 사이트痩ease바카라 사이트痬ay merge and be extinguished in the바카라 사이트痳eversion바카라 사이트痶hereof.바카라 사이트�

or聽

바카라 사이트淸Tenant] transfers and surrenders and releases to [landlord] all their estate and바카라 사이트痠nterest바카라 사이트痑nd rights in that part of the whole of the바카라 사이트痩and바카라 사이트痗omprised in the above바카라 사이트痶itle바카라 사이트痚dged 바카라 사이트� on the annexed plan (바카라 사이트榯he Surrendered바카라 사이트疞and바카라 사이트�), to the intent that the residue of the바카라 사이트痶erm바카라 사이트痮f years granted by the registered바카라 사이트痩ease바카라 사이트痠n so far as it relates to the Surrendered바카라 사이트疞and, and all or any other estate, interest or바카라 사이트痳ight바카라 사이트痮f the바카라 사이트疶enant바카라 사이트痠n the Surrendered바카라 사이트疞and, whether granted by or arising from the registered바카라 사이트痩ease바카라 사이트痮r any바카라 사이트痙eed바카라 사이트痮r document supplemental to it or otherwise, is to merge and be extinguished in the바카라 사이트痳eversion바카라 사이트痠mmediately expectant on the바카라 사이트痶erm바카라 사이트痮f years granted by the registered바카라 사이트痩ease.바카라 사이트澛�

1.12 Lease closure 바카라 사이트� surrender by deed (not for value or reverse premium)聽

As above, but not for value.聽

1.13 Lease closure 바카라 사이트� surrender by operation of law聽

This is to be used when there is implied surrender due to actions of both parties.바카라 사이트� In most cases바카라 사이트痽ou will need to바카라 사이트痩odge a바카라 사이트痵tatutory declaration or statement of truth confirming: any consideration paid, that no deed of surrender바카라 사이트痺as entered into,바카라 사이트痶hat premises have been vacated and if required, evidence to account for rent from any바카라 사이트痮ccupying under-lessee.聽

1.14 Lease closure 바카라 사이트� surrender by operation of law (not for value or reverse premium)聽

As above, but not for value.聽

2. Application details聽

This guidance covers the of registered leasehold titles. If the lease is noted, select 바카라 사이트楥ancellation of an unregistered noted lease (CN1)바카라 사이트� as the transaction.聽

Lease closure transactions appear as either standalone register updates or can be added as additional titles on TP and New Lease applications.聽

This guidance deals exclusively with standalone applications to close a lease.聽

Select 바카라 사이트�바카라 사이트楿pdating, adding, removing or noting information about an existing title on the register바카라 사이트�.聽

Enter the closing leasehold title and the landlord title number(s). This will trigger an application on both titles so that the leasehold title is closed, and the note of the lease is removed from the landlord title.聽

2.1 Transaction selection聽

All 14 lease closure options appear on the transaction list. Select the type of lease closure required.聽

You do not need to lodge a CN1 to remove the note of a registered lease on the landlord title.聽聽

The fee is calculated automatically.聽聽

2.2 Entering transaction details聽

Tenant and landlord details are required to populate the e-AP1 (and mirror the input of transferee and transferor capture).聽

2.3 Attachments and evidence required聽

Document prompts are dynamic and will populate based on the transaction 바카라 사이트� where the required evidence is various, the 바카라 사이트楢ttach and certify document바카라 사이트� screen will display a dropdown list of options.