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Lease Agreement For Sale
I need a Lease Agreement For Sale for transferring a retail unit lease in central London, with a premium of £250,000 and remaining lease term of 15 years, including provisions for subletting and service charges, to be completed by March 2025.
1. Parties: Details of the landlord and tenant, including full legal names and addresses
2. Background: Context of the lease sale and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the leased property including boundaries and included fixtures
5. Term and Renewal: Duration of lease and renewal provisions
6. Rent and Payment Terms: Payment amounts, schedules, and methods
7. Maintenance and Repairs: Responsibilities for property maintenance
1. Break Clause: Early termination provisions - used when parties want flexibility to end lease early
2. Assignment and Subletting: Rights to transfer or sublet - used when transfer rights are relevant to the agreement
3. Service Charges: Additional charges for services - used for leases in multi-occupancy buildings
1. Schedule 1: Property Plan: Detailed plans and drawings of the property
2. Schedule 2: Inventory: List of included fixtures and fittings
3. Schedule 3: Service Charge Items: Breakdown of service charges if applicable
4. Schedule 4: Permitted Use: Specified allowed uses of the property
5. Appendix A: Energy Performance Certificate: Required energy efficiency documentation
Authors
Assignment Date
Buyer
Completion Date
Deposit
Existing Lease
Fixtures and Fittings
Freeholder
Ground Rent
Insurance Rent
Landlord
Lease Premium
Leasehold Interest
Managing Agent
Outgoings
Permitted Use
Premium
Property
Purchase Price
Relevant Period
Rent
Sale Conditions
Seller
Service Charge
Term
Title Number
Transfer
VAT
Working Day
Sale and Purchase
Premium Payment
Completion
Title Guarantee
Assignment
Property Condition
Rent and Service Charges
Repairs and Maintenance
Insurance
Alterations
Permitted Use
Subletting and Assignment
Break Rights
Statutory Compliance
Planning Permission
Services and Utilities
Access Rights
Quiet Enjoyment
Default and Termination
Notices
VAT
Registration
Costs
Entire Agreement
Severance
Third Party Rights
Governing Law
Jurisdiction
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