A comprehensive business property lease with full provisions, including break clause, guarantor, full guidance notes and more. Suitable for an office or office space above a shop for any business. Use only if your lease is less than seven years.
About this document
Like all leases, this business property lease agreement for offices above a shop has been designed primarily to protect the interest of the landlord. It is for a tenant to challenge those paragraphs which may not suit the circumstances.
The concept of peaceful co existence is of importance for smooth functioning of such shops. This business lease agreement covers issues like sharing the parking space, services, utilities, display of signs/ boards, maintenance, cleanliness and so on.
Application
and features
Comprehensive business property lease agreement;
With full explanatory notes and guidance;
Suitable for any type of business.
Contents
Relationship of parties;
Payments: how much, made when and how;
Interest on late payments: you set the rate;
Further Payments: such as taxes, grants and lease registration if necessary;
Covenants: by the landlord and tenant;
Tenant’s obligations;
Compliance with law;
Transfer and subletting: is it allowed? You choose;
Guarantor(s): who are they;
Responsibilities of the parties;
Provision for premature termination: under what circumstances;
Rent review: you choose if and when;
Insurance;
Insured damage;
Indemnity;
Security of tenure excluded;
Termination;
At the end of the lease: effects;
Security Deposit;
Quiet enjoyment;
Successors;
Other usual legal provisions;
Schedule 1: The Property;
Schedule 2: Building by-laws and rules;
Extensive guidance notes.
Word
Count (approximate):
Document: 5400
words
Explanatory notes:
2200
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
