All contract templates for Genie AI

Licence To Change Use Of Commercial Property And Assign New Lease

The legal template, "Licence To Change Use Of Commercial Property And Assign New Lease under UK law," provides a written agreement outlining the terms and conditions associated with modifying the purpose of a commercial property and transferring the lease to a new tenant.

This legal template addresses situations where a tenant wishes to alter the usage of a commercial property, often due to changes in business operations, market demands, or opportunities for expansion. It allows the existing tenant, referred to as the "assignor," to obtain the necessary permissions from the landlord, referred to as the "licensor," to change the property's designated use and assign the lease to a new tenant, also known as the "assignee."

The template covers various crucial aspects, such as defining the new purpose or use required, ensuring compliance with local zoning regulations, and specifying any necessary modifications or renovations to the premises. It includes provisions related to the timeframe and conditions for the change of use, ensuring that all parties involved understand their rights and obligations.

Additionally, this legal template outlines the requirements for transferring the lease to the new tenant. It covers aspects like the assignment fee, if applicable, and the assignee's responsibility to meet all lease obligations, such as rent payments, maintenance, and other tenancy-related responsibilities. It also includes provisions to address any necessary consents, indemnification clauses, and other legal matters that may arise during the assignment process.

Overall, this legal template serves as a guide for parties involved in negotiations regarding the change of use and lease assignment for a commercial property within the UK. It aims to offer a legally sound and comprehensive agreement that protects the rights and interests of all parties while ensuring compliance with relevant UK laws and regulations.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
3
DISCUSSIONS
1

Licence To Change Use Of Commercial Property And Assign Old Lease

This legal template is designed to facilitate the process of changing the permitted use of a commercial property and assigning an old lease in compliance with UK law. The template provides a legally binding agreement between the parties involved, outlining the terms and conditions that govern the change of use and lease assignment.

The document covers various aspects including the identity of the parties, the property details, and the existing lease agreement. It addresses the conditions under which the change of use is permitted and the obligations and responsibilities of both the licensor (current lease holder) and the licensee (new tenant).

The template also outlines the process for obtaining any required consents or permissions from relevant parties, such as the landlord or local authorities. It includes provisions regarding any necessary financial adjustments, such as rent, rates, and service charges, which may arise from the change of use.

By using this template, the licensor and licensee can ensure that all legal requirements are met, minimizing the risk of future disputes and ensuring a smooth transition in the use of the commercial property. This document is specifically tailored for use under UK law and can be customized to suit the unique circumstances of the parties involved.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
1
RATINGS
2
DISCUSSIONS
2

Lease Report For Whole Warehouse On Estate (Industrial Unit)

This legal template titled "Lease Report for Whole Warehouse on Estate (Industrial Unit) under UK law" is a comprehensive document intended to provide a detailed analysis and assessment of the lease agreement for an entire warehouse within an industrial unit, as governed by the laws and regulations of the United Kingdom.

The report is designed to assist individuals or entities involved in a potential lease negotiation or existing lease arrangement, serving as a valuable resource to better understand the rights, obligations, and considerations associated with leasing a warehouse space. It aims to mitigate potential legal risks, ensure compliance with UK laws, and establish clear expectations for both the landlord and tenant.

The lease report will cover various aspects crucial to a lease agreement, including but not limited to:

1. Parties: Identifying the parties involved in the agreement, specifying the roles and responsibilities of the landlord and tenant.

2. Duration: Outlining the term of the lease, including start and end dates, renewal options, and termination clauses, providing clarity on the duration of the tenancy and any potential extensions or early exit possibilities.

3. Rental terms: Detailing the rental fees, frequency of payments, and any additional charges or obligations associated with the tenancy, such as maintenance costs, insurance requirements, or service charges.

4. Property description: Providing a comprehensive description of the warehouse, including its size, location, access points, and any specific provisions related to its usage or any exclusive rights granted to the tenant.

5. Rights and obligations: Outlining the rights and responsibilities of both parties, covering matters such as repairs and maintenance, alterations and improvements, permitted use, access rights, and compliance with local regulations.

6. Insurance and liabilities: Addressing the insurance obligations and liabilities of each party, ensuring proper coverage is in place for potential damages or liabilities arising from the warehouse's occupancy.

7. Dispute resolution: Identifying the mechanisms for resolving any disputes that may arise during the term of the lease, including negotiation, mediation, or arbitration procedures, in accordance with UK legal requirements.

8. Breach and termination: Establishing grounds for breach of contract and possible remedies available to the non-breaching party, as well as the conditions under which the lease can be terminated early by either party.

By utilizing this legal template, individuals and organizations will obtain a comprehensive analysis of the lease agreement, ensuring legal compliance, and promoting a mutually beneficial and transparent relationship between the landlord and tenant.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
1

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs