Lease renewal agreement: commercial property
- Solicitor approved
- Plain English makes editing easy
- Guidance notes included
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About this document
This document sets the terms between a lessor and a lessee who want to extend the lease of a property - commercial or residential. There is little or no statutory regulation relating to an agreement of this nature, so the parties can make more or less what deal they choose.
Application and features
- Ready to use as is, or can be edited to suit the particular needs of either or both parties;
- Comprehensive provisions provide ideas;
- Drawn in plain English;
- Complete with explanatory notes.
- Purpose of the agreement;
- Method and revised schedule of validity and amount of rent;
- Appropriate legal provisions - warranties, exclusions, indemnities.
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