Section 13 Notice
Notice To: [Recipient's Name],
Notice: Lease Extension Under the Leasehold Reform, Housing and Urban Development Act 1993
This letter serves as a formal Section 13 Notice under the Leasehold Reform, Housing, and Urban Development Act 1993. As a leaseholder, this Notice is intended to exercise my statutory right to extend the lease term of my property.
Under the clauses of the above-stated Act, it is within my legal right as a leaseholder to pursue an extension of the lease term. It is of vital importance to remember that a Section 13 Notice is a legally binding document.
With this Notice, we aim to underscore our right and need for an improved lease term. Please acknowledge receipt of this notice, following which, negotiation of the terms for the lease extension can be pursued. This includes determining the price for extension, which would take into account any possible rent increase.
I await your confirmation on the receipt of this Notice, after which we can proceed toward an agreement that benefits both parties equally.
Thank you for your prompt attention to this matter.
Signed by: [Your Name]
[Your Email]
Date: [Date]
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