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Company Letting Agreement


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I understand that with the Assured Shorthold tenancy agreement, when it reaches the end of the fixed term, it will becomes Statutory Periodic Tenancy automatically. Will the Company Letting Agreement become Statutory Periodic as well?

Can someone tell me what happen when the Company Letting Agreement expires? Do I need to ask the tenants to sign a new fixed term agreement? Can the tenants stay on without signing new agreement?

Please help!

Ted :)

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