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Monday, February 18, 1974
NEW DEAL FOR ESTATE SHOP TENANTS
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The Housing Authority has agreed to continue allowing shop
operators on monthly tenancies in the 25 Group B estates to transfer
their tenancies. This will apply equally to incoming tenants as well
as the sitting tenants.
This decision was taken after extensive consultations between
the Authority and the government..
However, to remove any possible scope for irregularities, all
such transfers must be made by surrendering the tenancy to the Authority,
which will then re-let the premises by inviting public tenders through
advertisements. The re-letting premium will go to the outgoing tenant.
At the same time the Authority has confirmed that a simple fixed
tenancy agreement, similar to the existing tenancy card, should be signed
by the shop tenants. The new agreement will incorporate these arrangements,
and also the previously agreed terms' covering change of trade, succession
and inheritance.
To allay tenants' fears about loss of security, the new agreement
will not be for a fixed term as originally proposed, but on monthly terms,
continuing in force indefinitely.
There will, however, be provision for rent adjustments at appropriate
intervals and for termination if there are persistent and blatant breaches
of the tenancy conditions.
/A Housing