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The Landlord and Tenant Act 1954, also known as the '54 Act, grants commercial tenants the right to remain in their premises after the lease has ended. This right only applies to commercial business premises, not residential properties. Landlords and tenants can agree to opt out of these rights by following a specific procedure, involving a notice from the landlord, a declaration from the tenant, and the wording in the lease. If a lease opts out of the '54 Act, the...
