Lease, licence and agreement for lease clauses

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Practice notes
How should the money be transmitted?Most contracts relating to commercial property incorporate either the second or third editions of the Standard...
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9th Nov
Practice notes
The Solicitors Regulation Authority’s (SRA) Handbook (SRA Handbook 2011) which contains the Solicitors Regulation Authority’s Code of Conduct (SRA...
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9th Nov
Practice notes
There can be only one lease at a time giving a right to possession and occupation of property. Consequently, if a landlord subsequently grants a lease...
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9th Nov
Precedents
1 The Grantor grants to the Grantee the right for the Grantee and his successors in title as owners or occupiers for the time being of...
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9th Nov
Practice notes
Sale by a mortgagee destroys the equity of redemption in the mortgaged property. The sale defeats the rights of all subsequent incumbrancers, whose...
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9th Nov
Practice notes
Wrongful interference with an easement is a private nuisance. The existence of the easement must be established for a claim to succeed.Not every...
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9th Nov
Precedents
Panel 11 (transfer of whole)/panel 12 (transfer of part)—Additional provisions1Definitions[Lease•the lease particulars of which are set out in...
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9th Nov
Practice notes
The ‘ad medium filum’ rule is a rebuttable presumption that an owner of land which abuts either:•a public or private highway, or•a non-tidal river or...
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9th Nov
Practice notes
The rule against derogation from grant applies in addition to any obligation of quiet enjoyment. It is not excluded by an express covenant for quiet...
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9th Nov
Practice notes
In Scotland, at common law, a lease does not actually end on the specified expiry date (ish) unless:•either party gives correct and timeous...
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Produced in partnership with Kenneth S Gerber of Mitchells Roberton 12th Jan
Practice notes
Consecrated land—Church of EnglandFor the purposes of this section of this Practice Note, consecrated land means any land or building which has been...
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9th Nov
Practice notes
Official search with priority—registered land or seller’s title pending first registrationHow and when to search?An official search with priority will...
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9th Nov
Practice notes
A benevolent fund is an institution, including a body of trustees, which holds funds on trust for the purpose of relieving poverty amongst a defined...
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9th Nov
Practice notes
The third edition of the Standard Commercial Property Conditions was published on 27 April 2017 a...
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9th Nov
Practice notes
Resulting trusts represent one of the three types of trust which do not require to be declared or evidenced in writing. The others are constructive...
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9th Nov
Practice notes
On the disposition of a property (whether by way of conveyance, transfer or charge), the party making the disposition will normally provide a title...
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9th Nov

Most recent Lease, licence and agreement for lease clauses content

Precedents
1DefinitionsContamination•the presence or accumulation of any Hazardous Substances at, in, on, under or around the PremisesEnvironment•all or any of...
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Produced in partnership with ELM Law 8th Jan
Precedents
Transfer clauses for a surrender of a leasePanel 9—title guaranteeThe Transferor transfers the Property with [full OR limited] title guarantee [save...
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4th Jan
Precedents
Landlord's break option for redevelopment1The Landlord may determine this Lease by giving to the Tenant not less tha...
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8th Dec
Q&As
In Post Office v Aquarius, defective joints in the basement of an office building let in water so that the basement was unusable. The court held that...
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29th Nov
Precedents
1Landlord’s expensesIncludes the reasonable cost to the Landlord of setting up and maintaining, in accordan...
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29th Nov
Q&As
Variation of a contractVariation of a contract occurs when the parties agree to change certain terms from those originally agreed, while the remaining...
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29th Nov
Precedents
Lease clauses for the establishment and maintenance of a sinking fund1DefinitionsIn this Lease the following definitions apply:Fund Account•the...
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29th Nov
Precedents
1DefinitionsArrears•the amounts due from the Tenants up to and including Completion but which have not been received by the Seller or its agents as...
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29th Nov
Precedents
Limitation of trustees’ liability—lease clausesTrustees means the persons named as [Landlord OR Tenant] in this lease and any person appointed as...
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29th Nov
Precedents
Transfer clauses for a surrender of part and variation of a leasePanel 10—title guaranteeThe Transferor transfers the Property with [full OR limited...
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29th Nov
Precedents
Option to purchase the reversion1The Landlord and the [Original] Tenant agree in the terms set out in Schedule 1.Schedule 1[Original] Tenant’s option...
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29th Nov
Precedents
Lease clauses for the establishment and maintenance of a reserve fundDefinitionsIn this clause the following further definitions apply:1Fund...
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29th Nov
Precedents
The parties acknowledge that the [rent AND/OR service charge AND/OR electricity charge AND/OR [other, as appropriate]] is based on anticipated...
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29th Nov
Precedents

The covenant[s] on the part

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29th Nov
Precedents
LR prescribed lease clauses Coronavirus (COVID-19): the coronavirus pandemic has caused the UK to expedite new insolvency...
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26th Sep
Precedents
1 Definitions Gross Internal Area ...
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26th Sep
Precedents
1 Tenant's obligation to insure The Tenant covenants with the Landlord to insure the Property and keep it insured, against...
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26th Sep
Precedents
Calculation and payment of turnover rent 1 Definitions In this Schedule the following definitions apply: Excluded...
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26th Sep
Precedents
1 Definitions In this agreement the following definitions apply: Grantee [insert name and address of the...
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26th Sep

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