Novation Of Lease Agreement Template for Ireland

1. Outstanding Amounts: Used when there are rent arrears or other outstanding payments to be addressed

2. Security Deposit: Required when there is a transfer or replacement of security deposit

3. Guarantor Provisions: Needed when the original lease had guarantors or new guarantors are being added

4. Service Charge Reconciliation: Used when there needs to be an accounting of service charges between parties

5. Insurance: Required when specific insurance arrangements need to be transferred or modified

6. Condition of Premises: Optional section documenting the condition of premises at novation

7. VAT Elections: Required when there are VAT implications to be addressed

8. Break Rights: Used when specific break rights need to be addressed or modified

1. Schedule 1 - Original Lease: Copy or details of the original lease including all variations and supplemental deeds

2. Schedule 2 - Premises: Detailed description and/or plans of the premises

3. Schedule 3 - Outstanding Matters: List of any outstanding obligations, payments, or claims

4. Schedule 4 - Condition Schedule: Schedule documenting the condition of the premises at novation (if relevant)

5. Appendix 1 - Consent Requirements: Any specific requirements or conditions attached to the landlord's consent

6. Appendix 2 - Registration Requirements: Details of any registration requirements with the Property Registration Authority