Business Tenancies (Fair Dealings) Act 2003
20Tenant may terminate for landlord's failure to disclose
Start here
Get a plain-English read of 20
Turn the raw legal text into a practical explanation grounded in Business Tenancies (Fair Dealings) Act 2003.
20 Tenant may terminate for landlord's failure to disclose (1) A tenant may terminate a retail shop lease by notice in writing to the landlord at any time within 6 months after the lease was entered into if: (a) the tenant has not been given a landlord's disclosure statement under section 19(1); or (b) subject to subsection (2), the landlord's disclosure statement given to the tenant is incomplete or contains information that at the time it was given was materially false or misleading. (2) A tenant cannot terminate the lease under subsection (1)(b) if: (a) the landlord has acted honestly and reasonably and ought reasonably to be excused for giving an incomplete landlord's disclosure statement or information that is materially false or misleading; and (b) the tenant is in substantially as good a position as the tenant would have been if the landlord's disclosure statement had been complete or the information had not been materially false or misleading. (3) The termination of a lease under this section does not affect any right, privilege, obligation or liability acquired, accrued or incurred under the lease in respect of any period before its termination.