Agreement for lease conditional on vacant possession incorporating the Standard Commercial Property Conditions (Third Edition)
Agreement for lease conditional on vacant possession incorporating the Standard Commercial Property Conditions (Third Edition)

The following Property precedent provides comprehensive and up to date legal information covering:

  • Agreement for lease conditional on vacant possession incorporating the Standard Commercial Property Conditions (Third Edition)
  • 1 Definitions
  • 2 Interpretation
  • 3 Agreement for lease
  • 4 VAT
  • 5 Title
  • 6 Matters affecting the Property
  • 7 Occupation by Tenant prior to completion
  • 8 Completion
  • 9 Default
  • More...

date [date].

Parties

  1. 1

    [name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address]] ( Landlord)

  1. 2

    [name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address]] ( Tenant)

  1. 3

    [[name of Guarantor] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address]] (Guarantor)]

    1. 1

      Definitions

      In this Agreement the following definitions apply:

      Actual Completion Date

      1. the date of actual completion of the Lease, and references in the Standard Conditions to ‘actual completion’ must be construed accordingly;

      Completion Date

      1. [the later of [date] and] [5] working days after the date on which the Condition is satisfied;

      Condition

      1. the condition set out in clause 3.3;

      Landlord's Solicitors

      1. [name] of [address] reference [details];

      [Landlord's Title

      1. [title number];]

      Lease

      1. the lease of the Property in the form of the agreed draft annexed to this Agreement as Appendix 2;

      Legislation

      1. all legislation in force in the United Kingdom at any time during the currency of this Agreement, including:

        1. (a)

          Acts of Parliament;

        2. (b)

          orders, regulations, consents, licences, notices and bye laws made or granted:

          1. (i)

            under any Act of Parliament;

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