Description and usage
Underlease of Part of a Building This underlease is designed for the letting of part of a building for commercial office purposes for 7 years or longer. This thirty-six page document contains 21 sections covering - land registry clauses
- definitions
- interpreting this lease
- rights
- rent, interest and other payments
- rent review
- services and service charge
- repair and decoration
- alterations and additions
- using the premises
- signage
- legal obligations
- planning
- protecting the landlord’s interests
- letting others use the premises
- assignment and subletting
- the head lease
- insurance and fire precautions
- the end of this lease
- guarantee
- exclusion of sections 24-28 of the 1954 act
A Schedule is included, allowing parties to detail the property being leased. A form of application for consent to make alterations is also included. The sublease is designed for use in England and is in a form suitable for registration at the Land Registry. What's in it? - See detailed Explanatory Notes below
   ShareThis
| 
