Section 140 — Housing Act 1985: Landlord’s first notice to complete.

Landlord’s first notice to complete. 140 1 The landlord may, subject to the provisions of this section, serve on the tenant at any time a written notice requiring him—

a if all relevant matters have been agreed or determined, to complete the transaction within a period stated in the notice, or b if any relevant matters are outstanding, to serve on the landlord within that period a written notice to that effect specifying the matters, and informing the tenant of the effect of this section and of section 141(1), (2) and (4) landlord’s second notice to complete).

2 The period stated in a notice under this section shall be such period (of at least 56 days) as may be reasonable in the circumstances.

3 A notice under this section shall not be served earlier than three months after—

a the service of the landlord’s notice under section 125 (notice of purchase price and other matters), or b where a notice has been served under section 146 (landlord’s notice admitting or denying right to acquire on rent to mortgage terms), the service of that notice.

4 A notice under this section shall not be served if—

a a requirement for the determination or re-determination of the value of the dwelling-house by the district valuer has not been complied with, aa a review notice (within the meaning of section 128A) has been served in relation to such a determination or re-determination, section 128B applies and the district valuer has neither—

i served a notice under section 128B(3) (refusal to make further determination), nor ii served a notice under section 128B(7) (a determination effect notice), ab no such review notice has been served but such a notice may still be served under section 128A, b proceedings for the determination of any other relevant matter have not been disposed of, or c any relevant matter stated to be outstanding in a written notice served on the landlord by the tenant has not been agreed in writing or determined.

5 In this section “ relevant matters ” means matters relating to the grant . . ..