Lease of whole—long at a premium of commercial premises

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

  • Lease of whole—long at a premium of commercial premises
  • 1 Definitions
  • 2 Interpretation
  • 3 Letting
  • 4 Rights granted
  • 5 Rights excepted and reserved
  • 6 Tenant’s payments to the Landlord
  • 7 Tenant’s responsibility for other payments
  • 8 VAT
  • 9 Interest
  • More...

Lease of whole—long at a premium of commercial premises

LR1. Date of the lease[date]
LR2. Title Number[s]LR2.1 Landlord's title number[s]
[title numbers out of which this lease is granted — leave blank if not registered]
LR2.2 Other title numbers
[existing title number[s] against which entries of matters referred to in LR9, LR10, LR11 and LR13 are to be made]
LR3. Parties to this leaseLandlord
[Landlord's name and address]
Tenant
[Tenant's name and address]
Other parties
[insert details and specify capacity of other parties (eg guarantor, management company)]
LR4. PropertyIn the case of a conflict between this clause and the remainder of this lease then, for the purposes of registration, this clause shall prevail
[insert details of the Property]
LR5. Prescribed statements etcLR5.1 Statements prescribed under rules 179 (dispositions in favour of a charity), 180 (dispositions by a charity) or 196 (leases under the Leasehold Reform, Housing and Urban Development Act 1993) of the Land Registration Rules 2003
[insert any applicable prescribed statements or state 'None']
LR5.2 This lease is made under, or by reference to, provisions of:
[insert any applicable prescribed statements or state 'None']
LR6. Term for which the Property is leased[From and including [date] to and including [date]
OR
[The term specified in clause 3of this lease OR schedule [number] OR paragraph [number]]
OR
The term is as follows:]
LR7. Premium[£[amount] inclusive of VAT OR £[amount] plus VAT of £[amount]].
LR8. Prohibitions or restrictions on disposing of this
Related documents:

Popular documents