Agreement for surrender (short form)
Agreement for surrender (short form)

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

  • Agreement for surrender (short form)
  • Parties
  • The Schedule [Deed of Surrender OR Transfer]

Date [insert date of agreement in its full format Day-Month-Year]

Parties

  1. 1

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

  1. 2

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

  1. 3

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

  1. 1

    Definitions

  2. In this agreement the following definitions apply:

    Completion

    1. the date on which the Surrender actually occurs, and ‘actual completion’ in the Standard Conditions shall be construed accordingly;

    [Deed of Surrender

    1. a deed of surrender in the form of the draft annexed in the Schedule to this agreement;]

    [Guarantee

    1. the guarantee dated [insert date] made between [insert parties]]

    Lease

    1. a lease dated [insert date] made between [insert details] and any documents supplemental or collateral to it, whether or not expressed to be so;

    Plan

    1. the plan annexed to this agreement;

    Premium

    1. [£[insert figure] ]

    Property