In the absence of an express provision in the lease (which is rare), a landlord has an absolute right to refuse consent to alterations outside the demise. Definition of...
Clause 1—Definitions Amend the definition of Completion Date: Completion Date [insert date] being the completion date fixed by the Original Contract Add the following...
1 Announcements—short form No announcement or other public disclosure concerning this agreement or any of the matters contained in it shall be made by, or on behalf of, a...
1 Anti-bribery—short form—pro-customer Bribery Laws means the Bribery Act 2010 [and associated guidance published by the Secretary of State for Justice under the Bribery...
Brexit: The UK's departure from the EU on exit day, ie Friday 31 January 2020, has implications for practitioners considering applicable law. For guidance, see: Cross...
Brexit: The UK's departure from the EU on exit day, ie Friday 31 January 2020, has implications for practitioners considering applicable law. For guidance, see: Cross...
1 Definitions Arrears the amounts due from the Tenants up to and including Completion but which have not been received by the Seller or its agents as cleared funds before...
Break conditions must be strictly complied with. If a condition provides that any outstanding rent is paid up, the tenant must make sure that it is paid in full and on...
A tenant's right to break is often conditional on compliance with covenants. The extent to which those conditions must be satisfied depends on whether they are absolute...
The UK and EU’s specific proposals for dealing with jurisdiction of disputes will be a key issue for UK practitioners. This Practice Note considers the impact that Brexit...
ARCHIVED: This Practice Note has been archived and is not maintained. The UK and EU’s specific proposals for dealing with jurisdiction of disputes will be a key issue for...
The principle of subrogation Subrogation is the right of an insurer, once it has made payment to its insured for loss covered by an insurance policy, to ‘step into the...
Business Day means a day other than a Saturday, Sunday or public holiday[, on which clearing banks are open for non-automated commercial business in the [City of...
In all but the simplest cases and particularly with development land, a fixed price may not be sufficient and the price will be based on the market value of the land. An...
Option agreements are strictly construed and the option may be lost if the option holder does not exercise it correctly. An option agreement is a contract for sale and...
A call option is (generally) an equitable interest in land and must be protected by registration in order to bind the grantor’s successors in title. The exception is...
Produced in partnership with Martin Wilson 1 Capital allowances 1.1 In this clause 1: CAA 2001 means Capital Allowances Act 2001 Fixtures means those items forming part...
Produced in partnership with Martin Wilson 1 Capital allowances—for use where the Seller has claimed plant and machinery allowances and the parties will enter into a s...
1 Definitions Allocated Spaces the [insert number] car parking spaces in the Car Park shown edged [blue] on the Plan or such other suitable car parking spaces as the...
1 Definitions CDM Regulations the Construction (Design and Management) Regulations 2015, SI 2015/51 2 CDM Regulations If and to the extent the CDM Regulations apply to...
1 Change of control 1.1 In this clause the following definitions apply: Authorised Controller[s] [[name] [of OR incorporated in England and Wales with company...
Description of parties Unincorporated charity (trust) [Trustee 1], [Trustee 2], [Trustee 3], [etc] all care of [insert charity's address] (in their capacity as trustees...
So that the Transferor can give a good receipt for the purchase money, [insert details of sole surviving registered proprietor or estate owner] in exercise of [his OR...
Licensing 1 Definitions Business the [insert number ][star] hotel business operated by the Seller at the Property providing for [accommodation type] [sale food and...
1 The Tenant may terminate this Lease [on or at any time after [insert date] OR on [insert date] OR on the expiry of the [insert year] of the Term] on giving not less...
Repair and improvements A tenant will not generally be expected to pay for the landlord to upgrade or improve its property as opposed to repairing it. The length of a...
