Agreements for lease

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Practice notes
What is a rent deposit?A rent deposit is a sum of money that is deposited by a tenant when it takes a lease of premises as security against the...
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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
What is a headline rent?In a falling market, landlords frequently offer tenants financial inducements to take a lease in order to maintain the level...
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9th Nov
Practice notes
Vitiation of an insurance policyAn insurance policy may be vitiated (or invalidated) if the insured:•misrepresents or fails to disclose any material...
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9th Nov
Precedents
[To be printed on Landlord’s letterheaded paper]Our Ref:Date:To: [insert name of Tenant]From: [insert name of previous Landlord] [of [insert address]...
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9th Nov
Practice notes
TrespassTrespass is the unlawful presence of a person on land in the possession of another. The ownership of land includes the airspace above it....
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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
Coronavirus (COVID-19): The requirements to obtain an EPC before a property is sold or let can be difficult to satisfy when social distancing measures...
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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
Transfer of partPrecedent transferAn adaptable Word version of the precedent form TP1 can be downloaded, saved or printed from this link:Drafting...
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9th Nov
Practice notes
Generally, the tenant remains liable for the rent even though the premises have become unusable. Consequently, leases normally contain a provision...
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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
The Third EditionThe third edition of the Standard Commercial Property Conditions was published on 27 April 2017. It is an update to Standard...
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9th Nov
Precedents
This Deed is made on [date]Parties1[name of person releasing the covenants] [of [insert address] OR incorporated in England and Wales with company...
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9th Nov
Practice notes
Coronavirus (COVID-19): This Practice Note contains guidance on subjects potentially impacted by the government’s response to the COVID-19 outbreak....
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9th Nov
Practice notes
Brexit: The UK left the EU on 31 January 2020. This has implications for the schemes providing for agricultural subsidies in England and Wales, which...
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9th Nov

Most recent Agreements for lease content

Precedents
1Construction Industry Scheme—for use where the landlord’s contribution is a reverse premiumThe Landlord and Tenant acknowledge that the Landlord’s...
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14th Apr
Practice notes
Coronavirus (COVID-19): This Practice Note contains guidance on subjects potentially impacted by the government’s response to the coronavirus outbreak...
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12th Apr
Practice notes
Rent commencement dateAgreements for lease generally specify that the tenant is obliged to take the lease on, or within a short period after,...
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8th Apr
Practice notes
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations.Time is generally not of the...
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8th Apr
Practice notes
Rescission can either mean a contract is discharged by breach, or that a contract is treated as if it never existed—known as rescission ab initio....
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8th Apr
Practice notes
Collateral warrantiesThe typical terms of a warranty'>collateral warranty provided to a tenant by a consultant, contractor or sub-contractor deal...
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8th Apr
Practice notes
A funder will often only agree to fund a development if it has been pre-let. The existence of the pre-let(s) comforts the developer’s funder that its...
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8th Apr
Practice notes
An inherent defect may become apparent several years after the tenant has taken over the property. This may be long after:•the building contractor’s...
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8th Apr
Practice notes
Pre-conditions—planning permissionIf the pre-letting agreement (the PLA) is conditional upon one of the parties (usually the landlord) obtaining...
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8th Apr
Practice notes
This Practice Note considers when contractual obligations merge on completion of a property contract and remedies that may be available after...
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8th Apr
Practice notes
Under an agreement for lease, the tenant’s obligation to take the occupational lease only arises once the developer’s works have been completed and...
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8th Apr
Practice notes
A developer has a far greater prospect of securing both:•development finance from a funder to fund the costs of development works, and•a commitment...
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8th Apr
Practice notes
The landlord's worksThe pre-letting agreement ('the PLA') will set out the landlord's obligations to the tenant regarding the landlord's works. These...
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8th Apr
Practice notes
DefectsDefective workmanship is a feature of virtually every construction project. Very minor defects will be dealt with by a snagging list (see:...
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8th Apr
Practice notes
Buyer’s right to returnA buyer’s right to the return of their deposit is a legal right arising out of breach of contract by the seller.The fact that...
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8th Apr
Practice notes
Even if a specialist subcontractor is not providing any significant degree of design input in relation to its particular element of the developer’s...
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8th Apr
Practice notes
The Standard Conditions of Sale (5th Edn) (5th edition) (SC) reflect the open contract position. They confirm that the risk in respect of the property...
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8th Apr
Practice notes
The tenant will appoint its own surveyor and other consultants to monitor the construction works and to represent the tenant’s interest in relation to...
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8th Apr
Practice notes
While this Practice Note primarily covers commercial property matters, it also touches on residential considerations.Standard Conditions of...
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8th Apr
Practice notes
Delay in completion of the developer’s works can be of far greater concern to a tenant than, eg whether the works are in accordance with the...
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8th Apr

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