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P111L - Underlease of Office Building

 

Description and usage
Underlease of Office Building

This lease template is designed for the sublet or underletting of a whole building for commercial office purposes for 7 years or longer.

This thirteen page document contains 13 clauses covering

  • land registry clauses
  • definitions
  • interpreting this lease
  • grant
  • the head lease
  • rent, interest and other payments
  • rent review
  • consents
  • using the premises
  • indemnity
  • the end of this lease
  • guarantee
  • exclusion of Sections 24 – 28 of the 1954 Landlord and Tenant Act

A Schedule is included, allowing parties to detail variations to the Head Lease.

The lease is designed for use in England and is in a form suitable for registration at the Land Registry.

You need this document if you are a tenant of a commercial building, looking to sublet the whole building for 7 years or more.

What's in it? - See detailed Explanatory Notes below

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Full Catalogue
Property & Premises

 

 

 

 


 

What's in it?

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