Creating a basic limited period standalone commercial lease of the whole premises ensures that as a landlord you have peace of mind should any disputes arise.
Failure to implement a lease or tenancy document could leave you paying the costs and consequences. It is important to identify the provisions of your agreement and understanding with the occupier or tenant as soon as possible.
Linder Myers can assist you by drafting up the relevant documentation. If the premises is unregistered, we can also assist with this.
Without such documentation in place the terms and provision agreed between the Landlord and Tenant are open for argument, based on their respective understandings of what was agreed. This includes:
The lease is a useful source document for both parties to refer to in respect of their agreed obligations and/or actions. If not in place, the tenant may be afforded certain statutory rights meaning that they cannot be removed from occupation, without causing inconvenience and excessive enforcement costs to the landlord. This can ultimately result in court action and costs to recover the premises.
In the event of any dispute, a third party can examine the document to resolve any dispute issues.
We can provide two different service offerings:
Please contact us directly to discuss the costs relevant to either service.
