Law of Property Act 1925: Primary legislation governing property rights and interests in England and Wales, defining requirements for legal estates in land
Landlord and Tenant Act 1954: Key legislation dealing with business tenancies and security of tenure provisions for commercial leases
Common Law Contract Principles: Fundamental principles regarding contract formation and enforcement, particularly important for clearly stating non-binding nature to avoid unintended contractual relations
Statute of Frauds: Legal requirement that subsequent binding lease must be in writing, though not directly applicable to LOI
Misrepresentation Act 1967: Legislation governing false or misleading statements in pre-contractual negotiations, requiring accuracy in LOI statements
Code for Leasing Business Premises: Voluntary code representing best practice guidelines for commercial leasing in England and Wales
Stamp Duty Land Tax (SDLT) Regulations: Tax implications that should be considered for the final lease, though not immediately relevant for LOI
RTS Flexible Systems Ltd v Molkerei Alois Müller GmbH: Case law precedent regarding formation of binding agreements in commercial negotiations
Disclaimer Requirements: Legal requirements for clear and unambiguous statement of non-binding nature of the LOI
Confidentiality Provisions: Legal framework for protecting sensitive information shared during the LOI phase
