Lease variations

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Practice notes
Damages or injunction — the testThe primary remedy for breach of a restrictive covenant is a permanent injunction to restrain the breach. However, the...
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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
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
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
What is a letter of non-crystallisation?A letter of non-crystallisation is required by a buyer’s/lender’s solicitor to confirm that:•a floating charge...
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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
Precedents
An adaptable Word version of this Precedent can be saved, downloaded or printed from this link:Completion statement—saleThis Precedent is a template...
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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
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
Effect of appointmentA fixed charge receiver is appointed under a legal charge or mortgage and only has power to deal with and dispose of the charged...
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9th Nov
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
Precedents
You are applying for registration of [insert details of property] at HM Land Registry and as part of that application you must disclose any overriding...
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9th Nov
Practice notes
Joint insuranceJoint insurance arises where two or more people insure separate insurable interests in the same property with the same insurer under a...
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9th Nov
Practice notes
A sub-sale is where A contracts to sell a property to B but, before completing the purchase from A, B then contracts to sell the property to C. There...
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9th Nov

Most recent Lease variations content

Practice notes
Why grant an additional lease?If a tenant wishes to take additional space in the same building or development, the parties may be tempted to vary the...
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8th Apr
Practice notes
The implied or deemed surrender and re-grant of a lease arises where an agreed variation of the terms of the original lease is so fundamental that the...
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8th Apr
Practice notes
Application by party to lease for variationAny party to a long lease of a flat can make an application either to the First-tier Tribunal (Property...
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8th Apr
Practice notes
An underlease that is granted for as long, or longer, than the original lease operates as an assignment and not as an underlease. Consequently, an...
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8th Apr
Practice notes
Losing guarantee covenantsAt any point in the economic cycle landlords will want to protect themselves against tenant default, particularly in the...
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8th Apr
Precedents
[To be printed on landlord’s letterheaded paper]Your Ref:Our Ref:Date:From: [full name of Landlord] [of [address] OR incorporated in England and...
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6th Apr
Precedents
Date [date]Parties1[name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is...
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11th Mar
Q&As
The General Data Protection Regulation (Regulation (EU) 2016/679) (the GDPR), was approved by the European Parliament on 27 April 2016 and has the...
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13th Feb
Precedents
This DEED is made on [date]Parties1[Insert name] [of [insert address] OR incorporated in England and Wales with company registration number [insert...
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9th Feb
Precedents
This Deed of release is made on [insert date]Parties1 [insert Landlord's name] of [insert Landlord’s address] (the ‘Landlord’)2 [insert First Tenant's...
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9th Feb
Precedents
Date [insert date of deed]Parties1[Insert name] of [insert address] (Landlord)2[Insert name] of [insert address] (Tenant)3[Insert name] of [insert...
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9th Feb
Precedents
Date [date]Parties1[name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is...
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9th Feb
Q&As
A variation of a lease will sometimes result in an implied surrender and regrant of land. This takes place where the variation cannot be effected in...
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Produced in partnership with Alexander Campbell of Field Court Chambers 22nd Jan
Q&As
Right of first refusalPart 1 of the Landlord and Tenant Act 1987 (LTA 1987) provides that in specified circumstances a landlord is obliged to offer to...
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Produced in partnership with Jonathan Edwards of Radcliffe Chambers 22nd Jan
Q&As
This Q&A assumes that the new lease is not a renewal under the Landlord and Tenant Act 1954 and that the existing lease is a new lease for the...
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22nd Jan
Q&As
Deed of variation increasing the demiseA deed of variation that increases the extent of the demise will result in an implied or deemed surrender and...
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22nd Jan
Q&As
Planning usePublic house use falls within use Class A4 of the Town and Country Planning (use Classes) Order 1987 (SI 1987/764). The definition...
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Produced in partnership with Kevin Leigh of No 5 Chambers 22nd Jan

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