2. FRI Leases, Security of Tenure and Consent
Analyse and amend FRI lease terms, advise on LTA 1954 protection and contracting out, and handle alienation and landlord-consent applications.
How to study the CPQ Professional stage
Build the independent research and business-report skills required for P1, then prepare the work-relevant tasks in the one P2–P10 pathway on your record.
Core concepts
Concept 1
Rent, review, repair, insurance, service charge, use, alienation and forfeiture allocate long-term risk.
Exam cue: Translate client instructions into clause amendments.
Concept 2
Business tenancy security depends on the LTA 1954 regime and any valid contracting-out procedure.
Exam cue: Confirm protection or contracting-out steps before the tenancy is entered.
Concept 3
Consent applications require the lease test, statutory duties, evidence, conditions and documented decision.
Exam cue: Distinguish assignment, underletting, alteration and change of use.
Risk pitfalls and guardrails
Calling a lease FRI without analysing repair and insurance mechanisms.
Guardrail: Do not study all nine pathways as mandatory, treat P1 as a timed exam, confuse passage with authorisation or rely on outdated law, tax, procedure or regulator guidance.
Contracting out after the tenant has become bound.
Guardrail: Do not study all nine pathways as mandatory, treat P1 as a timed exam, confuse passage with authorisation or rely on outdated law, tax, procedure or regulator guidance.
Treating landlord discretion as unlimited.
Guardrail: Do not study all nine pathways as mandatory, treat P1 as a timed exam, confuse passage with authorisation or rely on outdated law, tax, procedure or regulator guidance.
Memory anchors
FRI review
Term, rent, repair, insurance, service, use and alienation.
1954 Act
Business occupation, protection, exclusion, notice and renewal.
Consent
Covenant, application, evidence, reason, condition and licence.
Checkpoint rule
Do the check-up only after you can summarize each concept in one sentence and identify one dangerous pitfall from memory.
Knowledge Check (after reading)
Short check-up to confirm understanding of this module.
Check-up Questions
A tenant assumes 'FRI' means no repair exposure because the landlord insures. What should be explained?
A landlord wants a business tenancy contracted out after the tenant has become legally bound. What is the issue?
Answer all questions to submit.
Next step personalized recommendations
Continue learning
Move forward only after this module is stable.
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