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Commercial Land Lease Agreement
"I need a Commercial Land Lease Agreement for a 2-acre industrial plot in Manchester, with a 15-year term starting March 2025, including specific provisions for environmental compliance and future development rights."
1. Parties: Details of the landlord and tenant, including registered addresses and company registration numbers where applicable
2. Background: Context of the lease and brief property description
3. Definitions: Key terms used throughout the agreement including Property, Term, Permitted Use, and other defined terms
4. Demise: The formal grant of the lease, term length, and commencement date
5. Rent and Payment Terms: Rent amount, payment dates, method of payment, and review provisions
6. Tenant's Covenants: Tenant's obligations including repairs, alterations, use restrictions, and compliance with laws
7. Landlord's Covenants: Landlord's obligations including quiet enjoyment and insurance obligations
8. Insurance: Insurance requirements, obligations to insure, and reinstatement provisions
9. Termination Provisions: Break clauses, forfeiture provisions, and surrender terms
1. Service Charge: Provisions for shared services and common areas maintenance, required for multi-let properties
2. Security Deposit: Terms for payment, holding and returning of security deposit
3. Guarantor Provisions: Terms binding guarantor including obligations and duration of guarantee
4. VAT Provisions: Specific provisions relating to VAT treatment and election
5. Environmental Provisions: Specific environmental obligations and compliance requirements
1. Schedule 1 - Property Plan: Detailed plan showing the demised premises, boundaries, and access routes
2. Schedule 2 - State of Repair Schedule: Schedule recording condition of the property at lease commencement
3. Schedule 3 - Rights Granted: Detailed list of rights granted with the property including access and services
4. Schedule 4 - Rights Reserved: Rights retained by landlord including access for inspection and repair
5. Schedule 5 - Rent Review Provisions: Detailed rent review methodology, timing, and procedures
6. Schedule 6 - Service Charge Schedule: Breakdown of service charge items, calculations, and exclusions
7. Schedule 7 - Permitted Alterations: List of alterations that can be carried out without landlord's consent
Authors
Tenant
Property
Permitted Use
Term
Commencement Date
Expiry Date
Rent
Rent Payment Dates
Rent Review Dates
Interest Rate
Service Charge
Common Parts
Planning Acts
Insured Risks
Insurance Rent
Premium
Guarantor
Initial Rent
Market Rent
Outgoings
Plan
Prescribed Rate
Quarter Days
Rights
Schedule of Condition
Service Media
Statutory Requirements
Superior Landlord
Superior Lease
VAT
Working Day
Utilities
Contamination
Environmental Laws
Planning Permission
Title Matters
Building Regulations
Adjoining Property
Conduits
Term
Rent
Rent Review
Insurance
Repair and Maintenance
Alterations
Permitted Use
Assignment and Subletting
Service Charge
Utilities
Planning and Compliance
Environmental Matters
Access Rights
Quiet Enjoyment
Landlord's Covenants
Tenant's Covenants
Termination
Break Rights
Forfeiture
Security of Tenure
Indemnities
Guarantees
VAT
Notices
Rights Reserved
Alienation
Default
Force Majeure
Dispute Resolution
Governing Law
Registration
Yielding Up
Reinstatement
User Restrictions
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