Tenancy at Will
A tenancy at will is one method of granting occupation
of business premises without the tenant acquiring security of tenure. It is
suitable only for a very temporary arrangement. The template supplied
envisages that the tenant will pay the outgoings on the property, pay a
monthly rent and look after the interior of the property.
Purchase price £20
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Most leases of business premises enable the tenant to
acquire
security of tenure. One of the requirements
for the lease to acquire security of tenure is that it should be for a
fixed or periodic term. Thus one way in which this can be avoided to create
a Tenancy At Will. This is a form of tenancy which does not have any fixed
length and neither is there any requirement for notice to be given by
either party in order to bring it to an end. It is exactly what it says –
it can be brought to an end by the will of the parties at any time and
without notice.
In establishing whether a tenancy does have security
of tenure it is necessary to consider the actual arrangement between the
parties is for a tenancy at will or not. A tenancy at will cannot be a
tenancy at will if the parties have agreed something to the contrary (or
demonstrated this by their actions) whatever the document may say.
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