Agreement for lease (unconditional) incorporating the Standard Commercial Property Conditions (Second Edition) [Archived]
Agreement for lease (unconditional) incorporating the Standard Commercial Property Conditions (Second Edition) [Archived]

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

  • Agreement for lease (unconditional) incorporating the Standard Commercial Property Conditions (Second Edition) [Archived]
  • Parties
  • Schedule 1The Lease
  • Schedule 2 [Rent Deposit Deed
  • Schedule 3 [Property matters

ARCHIVED: This Precedent incorporates the Standard Commercial Property Conditions (Second Edition) and is no longer maintained. The Third Edition of the Standard Commercial Property Conditions was published on 27 April 2017. For a maintained version of this Precedent incorporating the Third Edition, see Agreement for lease (unconditional) incorporating the Standard Commercial Property Conditions (Third Edition).

This Agreement is made on [date]

Parties

  1. 1

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

  1. 2

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

  1. 3

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

  1. 1

    Definitions

  2. In this Agreement the following definitions apply:

    Completion

    1. the date of actual completion of the Lease;

    Completion Date

    1. [insert date];

    [Deposit

    1. £[insert figure];]

    Event of Insolvency

    1. the occurrence of any of the following in relation to the Tenant[ or the Guarantor]:

      1. (a)

        [it being deemed unable to pay

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