Q&As
Is it possible for a lease to provide for the rent to become payable before the date of the lease and the start of the contractual term?
A lease is, as will be well-known, the grant of a right to the exclusive possession of land for a determinable period of time. This period is most commonly referred to as the ‘term’.
The contractual term is usually defined as a term of years beginning on and including the date of the lease and ending on, and including a specified date.
The contractual term of a lease cannot begin until the lease is executed. However, the lease may express the term to be calculated from a date that precedes the execution date. If the term is stated as beginning before the lease is granted, it is a matter of construction whether the tenant’s obligations extend to the pre-grant period.
Rent payable before the date of the
To view the latest version of this document and thousands of others like it,
sign-in with LexisNexis or register for a free trial.