The essential terms of an enforceable agreement for a lease are:
(1) the identification of the landlord and tenant1;
(2) the premises to be leased2;
(3) the commencement and duration of the term3; and
(4) the rent or other consideration to be paid4.
If these matters are ascertained or agreed to be offered and accepted, it is sufficient5. If any other terms are mentioned by one party, these must also be unconditionally accepted by the other party in order that there may be a concluded contract6. As long as such necessary terms have not been agreed to, or any additional
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234