Quizzes & Puzzles2 mins ago
lease extension
For a lease extension a person must have been a qualifying tenant for 2 years on a long lease and not be a business/commercial tenant.
What is the definition of a business or commercial tenant?
My client owns 3 lodges and wishes to extend their leases. He qualifies under the 2 year rule and long lease rule. However he frequently rents out the lodges and this provides him with a great deal of income. However this is not his business just a side line.
~Is he a business/commercial tenant?
What is the definition of a business or commercial tenant?
My client owns 3 lodges and wishes to extend their leases. He qualifies under the 2 year rule and long lease rule. However he frequently rents out the lodges and this provides him with a great deal of income. However this is not his business just a side line.
~Is he a business/commercial tenant?
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