A Lease is a contract between a Landlord and a Tenant for a fixed period.
When the fixed period comes to an end the Landlord and Tenant may want to enter into a new Lease.
A new Lease needs to be agreed by the Landlord and Tenant.
A Lease Renewal needs proper care, attention and Legal Advice, to ensure that you as Landlord or as Tenant are properly protected.
The Legal Advice will involve many of the same areas as are involved with Negotiating and Drafting Leases
Other Points
A Lease Renewal may be within a statute known as the Landlord & Tenant Act 1954. This entitles a Tenant to a new Lease subject to certain reasons which allow a Landlord to refuse a renewal. To discuss this particular area further please contact us.
How we can help
Ellis Jones’ Commercial Property can work with you to ensure that the Lease Renewal achieves what you want and need.
Linked pages
Drafting and Negotiating Leases
Assigning Lease, Subleases and Surrenders of Leases
For all of your commercial property needs please contact:
Charminster: 01202 636227
Canford Cliffs: 01202 709898
or email: commprop@ellisjones.co.uk
