Key dates and notices
The dates a commercial lease turns on — review, break, expiry, the Section 25 window — and the eight notices.
A commercial lease turns on its dates, and Abodient works them out from the lease terms.
Key dates derives, from the lease:
- the rent review date,
- the break date, and the deadline for giving notice to exercise it,
- lease expiry, and
- the Section 25 window — when you can serve notice to end or renew the lease. It opens 12 months before expiry and closes 6 months before.
When you have a commercial unit, a Lease events card appears on your dashboard so these dates do not pass you by.
Notices
Abodient records eight commercial notices, running both ways between you and the occupier: Section 25 (your notice to end or renew), a Section 26 request (the occupier asking for a new lease), Section 27 (the occupier ending it), a break notice, a rent review notice, a Section 146 forfeiture notice, a CRAR notice of enforcement for arrears, and a schedule of dilapidations.
Abodient records the notice and shares a copy to the occupier's portal. You serve it yourself and keep your own proof — Abodient keeps the record, not the legal act of service.