# Leasehold and Freehold Reform Act 2024, Paragraph 6: Tenant holding over or unexpired term of 5 years or less

Extent: E+W
Status: prospective

The standard valuation method is not compulsory for the property comprised in a current lease if—
(a) the tenant is holding over under the Local Government and Housing Act 1989 at the valuation date, or
(b) the term date of the current lease is within the period of five years beginning at the valuation date.

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Source: https://www.legislation.gov.uk/ukpga/2024/22/schedule/4/paragraph/6 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-4/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.