Rent a commercial property

About this business activity

Some businesses may want to rent a commercial property for more space, a prime location, or a long-term lease.

License Permitting Commercial Underlet Of Part Of Property

This legal template could pertain to the license permitting commercial underlet of a specific portion of a property under UK law. The template outlines the rights and obligations of the licensor (property owner) and the licensee (underletter) in an underletting arrangement. It would specify the terms and conditions of the license, including the allocated space, rent, duration, and any restrictions or permissions related to the use of the underlet area. The document would also cover the rights and responsibilities of both parties, such as maintenance, repairs, insurance, utilities, and compliance with local laws and regulations. Additionally, the template might include provisions regarding termination, renewal, potential disputes, and any necessary permissions or consents to be obtained from relevant authorities. Its purpose would be to legally regulate the underletting agreement, protecting the interests of both parties involved and ensuring clarity and enforceability in accordance with UK laws and regulations.
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Rent Suspension or Reduction Agreement Letter (Covid-19 Concession)

The Rent Suspension or Reduction Agreement Letter (Covid-19 Concession) under UK law is a legal template designed to address the financial challenges faced by tenants and landlords in light of the Covid-19 pandemic. This agreement letter aims to provide a framework for temporarily suspending or reducing rental payments during the period of the pandemic.

The template addresses the unique circumstances created by the global health crisis, which has impacted the economy and individuals' ability to meet their financial obligations. It outlines the basis upon which tenants can approach their landlords to request a rent suspension or reduction due to the adverse effects of Covid-19 on their income.

The agreement letter establishes a clear communication channel between the tenant and the landlord, emphasizing the need for mutual cooperation and understanding during these unprecedented times. It includes provisions for documentation verification of the tenant's financial hardship caused by the pandemic and outlines the process for applying for a temporary rent concession.

The letter also outlines the terms and conditions for the temporary rent suspension or reduction, including the duration, percentile adjustment, and the resolution process for any disputes that may arise. It ensures that both parties are aware of their responsibilities and rights under UK law during this concession period.

By providing a legally binding framework, this template aims to facilitate a fair and reasonable arrangement between tenants and landlords, alleviating financial strains caused by the pandemic and promoting a harmonious landlord-tenant relationship within the boundaries of UK law.
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Section 27 Notice (Business Lease Termination)

The Section 27 Notice (Business Lease Termination) legal template under UK law is a document that serves as a formal communication between a commercial tenant and their landlord, signaling the tenant's intention to terminate the lease agreement. This notice is typically invoked when the business occupant wishes to end their tenancy and initiate the process of vacating the premises.

The template outlines the essential information required to serve a valid notice, including details such as the tenant's name, address, and contact information, as well as the relevant lease agreement specifics. It also specifies the date on which the tenant intends to terminate the lease, ensuring compliance with any notice period or termination clauses as stipulated in the lease agreement or statutory law.

The Section 27 Notice aims to provide a clear and unambiguous declaration of the tenant's intention to terminate, enabling the landlord to prepare for the upcoming vacancy. Additionally, it helps establish a formal record of the tenant's actions and obligations, maintaining transparency and legal integrity during the lease termination process.

By utilizing this legal template, both parties can rely on a standardized and recognized format that abides by UK law while providing the necessary information to effectively terminate the business lease. It ensures that all essential elements are included, protects the interests of both the tenant and the landlord, and facilitates a smooth transition during the lease termination process.
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Rent Deposit Deed

The Rent Deposit Deed under UK law is a legal template that governs the terms and conditions surrounding the collection and management of a rental deposit in a landlord-tenant relationship. This template aims to protect both parties by establishing clear guidelines for the handling and return of the deposit at the end of the tenancy period. The deed outlines the amount of the deposit, the method of payment, and the timeline for returning it. It also includes provisions regarding deductions from the deposit for any damages caused by the tenant or breaches of the tenancy agreement. Additionally, the template may include clauses concerning dispute resolution procedures and the role of a designated deposit protection scheme. This Rent Deposit Deed is an essential legal document designed to ensure transparency and fairness in the deposit management process, providing clarity and protection for both landlord and tenant under UK law.
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Notice of Assignment (or Transfer)

A Notice of Assignment (or Transfer) under UK law is a legal template used to formally notify parties involved in a contractual agreement that the rights and obligations of the contract have been assigned or transferred to a third party. This document serves as a formal communication that informs all parties of the change in ownership or transfer of rights and responsibilities. It outlines the details of the initial contract, identifies the assignor (party transferring the contract) and the assignee (party receiving the contract), and provides the effective date of the assignment or transfer. Additionally, this notice may include any specific provisions or conditions related to the assignment or transfer. The purpose of a Notice of Assignment (or Transfer) is to ensure clarity and transparency among involved parties by providing legal proof of the change in contractual rights and obligations. It establishes the new relationship between the assignee and the other party, ensuring that all parties are aware of their roles, responsibilities, and rights moving forward. This legal template is commonly used in various scenarios, such as business acquisitions, mergers, sales of assets, or when the benefits and burdens of a contract need to be transferred or assigned to another party.
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Deed of Surrender (Lease)

A Deed of Surrender (Lease) is a legal template under UK law that outlines the voluntary termination or surrender of a lease agreement between a landlord and a tenant. This agreement formalizes the tenant's decision to vacate the leased property and relinquish any remaining rights and obligations outlined in the lease contract. The template typically addresses crucial aspects such as the date of surrender, terms of handover, return of the premises, settlement of outstanding finances, and other relevant provisions pertaining to the lease termination. This document helps protect the interests of both parties by ensuring a clear agreement on the terms of surrender and promoting a smooth transition while complying with the legal requirements of the UK jurisdiction.
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Rent Authority Letter (Commercial Property)

A Rent Authority Letter (Commercial Property) under UK law is a legal template designed to establish an official agreement between the landlord and the tenant of a commercial property. This document grants the tenant the authority to pay and collect rental payments on behalf of the landlord, granting them the responsibility and control over this aspect of the lease agreement.

The Rent Authority Letter outlines the terms and conditions agreed upon, detailing the duration of the authority, the rental amount, the frequency of payment, and any specific terms related to the collection, submission, or allocation of the rent.

This legal template serves as a fundamental part of a commercial lease agreement, granting the tenant the power to act on behalf of the landlord with regards to collecting rent payments. It ensures transparency and accountability between the two parties, providing legal protection for both the landlord and the tenant.

By utilizing this Rent Authority Letter template, the parties can safeguard their interests and establish clear guidelines for the rental payments, thus fostering a smooth and efficient rental process for the commercial property under UK law.
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License to Occupy (for Mutuals & Cooperatives)

The legal template, "License to Occupy (for Mutuals & Cooperatives) under UK law," is a document designed to formalize and regulate the occupation rights of individuals or companies within a mutual or cooperative structure in the United Kingdom.

This template establishes a license agreement, detailing the terms and conditions under which the licensee can occupy or use a property or space owned or operated by a mutual or cooperative organization. It serves as a legally binding contract between the mutual or cooperative entity and the licensee, outlining the rights, obligations, and restrictions of both parties.

The template could cover various aspects such as the duration of the license, rent or occupancy fees, maintenance responsibilities, permitted use of the premises, provisions for alterations or improvements, access and security arrangements, insurance requirements, dispute resolution mechanisms, termination conditions, and other relevant provisions.

By utilizing this legal template, mutuals and cooperatives can ensure that the occupancy arrangements are clearly defined and compliant with UK laws. The document promotes transparency, sets expectations, and protects the interests of both parties involved in the license agreement. Each party can refer to the license in case any disputes or conflicts arise during the license period, minimizing the potential for misunderstandings and legal complications.
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Commercial Lease (for Mutuals & Cooperatives)

The Commercial Lease (for Mutuals & Cooperatives) template under UK law is a legal document specifically designed for businesses and organizations operating as mutuals and cooperatives. This template provides a comprehensive framework for leasing commercial properties, ensuring compliance with the relevant UK laws and regulations specific to these types of entities.

The template covers various essential aspects of a commercial lease agreement, including the identification of the lessor and lessee, key lease terms and provisions, rights and obligations of both parties, and the lease duration. It carefully outlines the permitted use of the leased premises, highlighting any industry-specific considerations relevant to mutuals and cooperatives.

This template also incorporates clear guidelines regarding rental payments, security deposits, and any special considerations related to insurance or maintenance responsibilities. It may also include provisions for rent reviews, lease renewals, or termination conditions tailored to the specific needs of a mutual or cooperative enterprise.

Furthermore, the template may address additional provisions unique to mutuals and cooperatives, such as regulations related to the collective decision-making process, membership rights and responsibilities, promotion of cooperative values, or mechanisms for dispute resolution within the entity.

By utilizing this Commercial Lease template for Mutuals & Cooperatives under UK law, businesses and organizations operating in these sectors can establish a legally binding agreement that provides clarity, protection, and a solid foundation for their commercial property leases.
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Relevant Contract Types

🏒 Commercial Lease

A commercial lease is a contract between a landlord and tenant for the use of commercial property. The lease sets out the terms and conditions of the tenancy, including the length of the lease, the amount of rent and any other charges, the landlord's and tenant's responsibilities, and any restrictions on the use of the property.

πŸͺ Licence To Occupy

A licence to occupy is an agreement between a landowner and a tenant that gives the tenant the right to live in or use a property for a specific purpose. The agreement is typically made in writing and sets out the terms of the arrangement, including the length of the agreement and the amount of rent to be paid. The agreement may also include other terms and conditions, such as the tenant's obligations to maintain the property and to comply with the landlord's rules and regulations.

Featured templates

Advisor Agreement (Payment Via Share Options)

This legal template, titled "Advisor Agreement (Payment Via Share Options) under UK law," is a contractual document that outlines the terms and conditions between a company and an advisor. The agreement is specific to the United Kingdom jurisdiction and focuses on a unique payment arrangement whereby the advisor will receive compensation in the form of share options rather than traditional monetary methods.

The template aims to establish a clear understanding and binding agreement between the company and the advisor regarding the services provided, the duration of the agreement, and the compensation structure. The document will generally include sections such as:

1. Party details: Identifies the company and the advisor, providing their respective names, addresses, and other necessary identification details.
2. Engagement terms: Outlines the scope of services the advisor will provide to the company, specifying the nature of their expertise and the specific areas they will be advising on.
3. Compensation: Details how the advisor will be remunerated for their services primarily through the allocation of share options. It may include information on the method of valuation, the exercise period, vesting conditions, and any additional terms related to the share options.
4. Confidentiality and non-disclosure: Includes provisions to protect the company's sensitive information and trade secrets, ensuring that the advisor maintains strict confidentiality during and after the agreement.
5. Intellectual property: Clarifies the ownership and rights related to any intellectual property created or utilized during the advisory engagement.
6. Termination: Establishes the circumstances under which either party can terminate the agreement, and the notice period required for such termination.
7. Governing law and jurisdiction: Specifies that the agreement will be governed by UK law and designates the specific jurisdiction for any legal disputes that may arise.

The Advisor Agreement (Payment Via Share Options) under UK law is crucial for ensuring a transparent and legally binding relationship between a company and an advisor, outlining the rights, obligations, and compensation structure to protect the interests of all parties involved. As specific laws and regulations may vary, it is advisable to obtain legal counsel to tailor the document to the unique requirements of the situation.
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Consultancy Agreement - Company appointing an individual consultant (not using a personal service company)

The Consultancy Agreement is a legal document that outlines the contractual relationship between a company and an individual consultant, who is not engaged through a personal service company, according to the laws of the United Kingdom. This template serves as a comprehensive agreement that defines the terms, rights, and obligations between both parties throughout the consultancy engagement.

The agreement covers various essential aspects, including the scope of work, deliverables, and project timelines. It outlines the consultant's responsibilities, ensuring they provide their professional expertise, experience, and skills to assist the company in achieving specific objectives. The agreement also details the payment terms, such as the agreed upon consultancy fees, expenses, and reimbursement policies.

Additionally, this template typically addresses the consultant's obligations regarding confidentiality and non-disclosure of any proprietary or sensitive information they may gain access to during the engagement. It may include provisions safeguarding the company's intellectual property rights and ensuring that the consultant does not engage in any conflicting activities or compete with the company's business interests.

The Consultancy Agreement also covers important legal aspects that regulate the relationship between both parties. It typically includes clauses regarding termination and the circumstances under which either party can end the agreement. The document may also address dispute resolution mechanisms, indemnification, liability limitations, and any other necessary legal provisions to protect the interests of both the company and the consultant.

In summary, this legal template for a Consultancy Agreement provides a solid foundation for establishing a clear and mutually beneficial working relationship between a company and an individual consultant under the jurisdiction of UK law. By utilizing this template, both parties can define their expectations, protect their rights, and ensure compliance with applicable legal requirements throughout the consultancy engagement.
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Intellectual Property Assignment (for founders to assign IP to company)

This legal template, called "Intellectual Property Assignment (for founders to assign IP to company) under UK law," is a comprehensive document designed to facilitate the transfer of intellectual property (IP) rights from founders or creators to their company, operating in the United Kingdom.

The template aims to establish a clear and legally binding agreement between the founders and the company regarding the ownership and control of any intellectual property assets developed during the course of business operations. Intellectual property can include a wide range of intangible creations, such as inventions, designs, trademarks, copyrights, or trade secrets.

By utilizing this document, founders can formalize the transfer of their IP rights to the company, ensuring that the company has full rights and control over these assets. The template typically outlines the relevant terms and conditions of the assignment, including details about the IP being transferred, warranties and representations by the founders, and the consideration or compensation, if any, provided to the founders in return for the assignment.

This legal template serves as a valuable tool for both parties involved. For the founders, it ensures that their contributions to the company's IP are appropriately recognized, while also protecting their interests, such as receiving fair compensation or ongoing benefits from the IP. On the other hand, the template provides the company with clear ownership rights and control over the IP, which is crucial for protecting their investments, attracting investors, and facilitating future licensing or commercialization opportunities.

It's important to note that each situation may have unique circumstances, and this template should be customized to fit the specific needs and requirements of the founders and the company. Consulting with legal professionals specializing in intellectual property or corporate law is highly recommended to ensure compliance with UK laws and to address any specific concerns or considerations that may arise during the assignment process.
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