# Leasehold and Freehold Reform Act 2024, Paragraph 1: Right to vary lease to replace rent with peppercorn rent

Extent: E+W
Status: prospective

(1) This Schedule has effect for the purpose of conferring on the tenant under a qualifying lease the right to have any obligation under the lease to pay rent varied so that the whole or part of the rent payable becomes and will remain a peppercorn rent.
(2) That right has effect and is exercisable subject to, and in accordance with, the following provisions of this Schedule.

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Source: https://www.legislation.gov.uk/ukpga/2024/22/schedule/10/paragraph/1 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-10/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.