Maslow’s studies are let on a fixed-term basis, with an agreement that is “contracted out” of Part 2 of the Landlord and Tenant Act 1954 (the “Act”).
In practice, this means:
• We agree a fixed contract term together before you membership begins.
• When the term ends, the contract concludes.
• There is no automatic right to renew (know as “security of tenure”) under the Act.
• Maslow’s will reach out to discuss a new agreement if you would like to renew your agreement before the contract end date.
• By doing so, it keeps the agreement straightforward and supports the flexibility members often need as plans evolve.
Because the contract excludes automatic renewal rights, the law requires a formal notice and declaration process before you sign.
Contract timeline
There are two routes that can be taken to sign the contract, depending on how quickly you need to complete.
Standard CONTRACT route
This process takes around two weeks, and is used when there is at least 14 days until you need to complete the agreement and move into the office.
Step 1: Warning
We send you a formal notice, LTBT1, explaining the rights you’re choosing to waive if you proceed with a Maslow’s study lease.
Step 2: Declaration
After 14 days of receiving the LTBT1, we send you form LTBT2 to complete – this is your declaration confirming you understand the LTBT1 notice.
Step 3: Contract Signing
We email the contract for signing (typically within one working day of receiving your completed LTBT2).
FASTER CONTRACT ROUTE
This process takes between 1 – 14 days, and is used where we have less than 14 days until you need to complete the agreement and move into the office.
Step 1: Warning Notice
We send you a formal notice, LTBT1, explaining the rights you’re choosing to waive if you proceed with a Maslow’s study contract.
Step 2: Statutory Declaration
Where the contract need to be completed in less than 14 days from the LTBT1 notice, we send you form LTBT3 to complete.
- You must then sign it in front of a solicitor as a sworn statutory declaration. The solicitor must also sign to confirm that they have witnessed your signature.This is typically possible on a walk-in bases in high street law firms for a small witness fee of ~£5.
- You post the original paper copy to: Maslow’s Kensington, The Kensington Building, 1 Wrights Lane, London W8 5RY marked: “High Priority – Membership Sales Team”.
- Step 3: Contract Signing
Once received, we email the contract for signing (typically within one working day).
What we need to begin
To help us to prepare your notice and contract, please confirm:
• Confirmation of who is entering into the contract (i.e. company or individual)
• Registered company address (Companies House address for UK companies, or your registration address if overseas)
• Registered company number
• Signatory details (full name, role, email). If a company is entering into the contract, the signatory must be a director or an authorised signatory.
Reviewing the contract in advance
We can share our standard study contract template at any point for you or your legal advisers to review.
If any point you have any questions about the above process, we encourage you to seek independent legal advice.