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...

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

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,

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