All Templates
Change use of property
🏡 Licence to assign
Licence To Change Use Of Commercial Property And Assign New Lease
Licence To Change Use Of Commercial Property And Assign New Lease
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏡 Licence to assignBusiness activity
Change use of propertyThe legal template, "Licence To Change Use Of Commercial Property And Assign New Lease under UK law," provides a written agreement outlining the terms and conditions associated with modifying the purpose of a commercial property and transferring the lease to a new tenant.
This legal template addresses situations where a tenant wishes to alter the usage of a commercial property, often due to changes in business operations, market demands, or opportunities for expansion. It allows the existing tenant, referred to as the "assignor," to obtain the necessary permissions from the landlord, referred to as the "licensor," to change the property's designated use and assign the lease to a new tenant, also known as the "assignee."
The template covers various crucial aspects, such as defining the new purpose or use required, ensuring compliance with local zoning regulations, and specifying any necessary modifications or renovations to the premises. It includes provisions related to the timeframe and conditions for the change of use, ensuring that all parties involved understand their rights and obligations.
Additionally, this legal template outlines the requirements for transferring the lease to the new tenant. It covers aspects like the assignment fee, if applicable, and the assignee's responsibility to meet all lease obligations, such as rent payments, maintenance, and other tenancy-related responsibilities. It also includes provisions to address any necessary consents, indemnification clauses, and other legal matters that may arise during the assignment process.
Overall, this legal template serves as a guide for parties involved in negotiations regarding the change of use and lease assignment for a commercial property within the UK. It aims to offer a legally sound and comprehensive agreement that protects the rights and interests of all parties while ensuring compliance with relevant UK laws and regulations.
This legal template addresses situations where a tenant wishes to alter the usage of a commercial property, often due to changes in business operations, market demands, or opportunities for expansion. It allows the existing tenant, referred to as the "assignor," to obtain the necessary permissions from the landlord, referred to as the "licensor," to change the property's designated use and assign the lease to a new tenant, also known as the "assignee."
The template covers various crucial aspects, such as defining the new purpose or use required, ensuring compliance with local zoning regulations, and specifying any necessary modifications or renovations to the premises. It includes provisions related to the timeframe and conditions for the change of use, ensuring that all parties involved understand their rights and obligations.
Additionally, this legal template outlines the requirements for transferring the lease to the new tenant. It covers aspects like the assignment fee, if applicable, and the assignee's responsibility to meet all lease obligations, such as rent payments, maintenance, and other tenancy-related responsibilities. It also includes provisions to address any necessary consents, indemnification clauses, and other legal matters that may arise during the assignment process.
Overall, this legal template serves as a guide for parties involved in negotiations regarding the change of use and lease assignment for a commercial property within the UK. It aims to offer a legally sound and comprehensive agreement that protects the rights and interests of all parties while ensuring compliance with relevant UK laws and regulations.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Voluntary Statement On Supply Chain Due Diligence For Companies Not Covered By Section 54 Of The MSA 2015
This legal template is designed to aid companies operating in the United Kingdom that are not subject to Section 54 of the Modern Slavery Act 2015 (MSA 2015), which relates to supply chain due diligence and transparency. The template provides a voluntary statement for such companies, outlining their commitment to carrying out supply chain due diligence to identify and prevent modern slavery practices within their operations. This statement serves to demonstrate the company's dedication to ethical practices and align with international standards, even though they are not legally obligated to do so under Section 54 of the MSA 2015. By adopting this template, companies can convey their proactive approach towards combatting modern slavery and promote transparency within their supply chains.
Read More
Publisher
Genie AIJurisdiction
England and Wales
Warehouse Part-Lease On Estate (Industrial Unit)
This legal template pertains to a Warehouse Part-Lease on Estate (Industrial Unit) under UK law. It is a comprehensive document that outlines the terms and conditions agreed upon between the landlord and tenant regarding the leasing of a portion of a warehouse or industrial unit situated on an estate. The template covers various important elements such as the duration of the lease, the rental amount, payment schedule, maintenance and repair responsibilities, access rights, use restrictions, and any additional provisions specific to UK law and regulations. It aims to provide a clear and legally binding agreement that protects the rights and obligations of both parties involved in the warehouse part-lease arrangement.
Read More
Publisher
Genie AIJurisdiction
England and WalesWritten Resolution Of Members To Approve A Guarantee (Private Company)
This legal template is used in the context of a private company located in the United Kingdom to document a written resolution of its members. The resolution pertains to the approval of a guarantee made by the company.
A guarantee, in legal terms, refers to a legally binding promise made by one party (the guarantor) to assume responsibility for the obligations or debts of another party (the debtor), in case the debtor fails to fulfill their obligations. By passing a written resolution, the members of the company collectively agree to accept the responsibilities and potential liabilities associated with providing such a guarantee.
The purpose of this template is to provide a standardized framework for recording the approval process, ensuring compliance with UK company laws and regulations. It includes essential information such as the company's details, the details of the guarantee being approved, and the agreement of the members to support and accept the associated risks.
By employing this template, the company ensures that the resolution to approve a guarantee is validly and transparently documented, protecting both the company's interests and the rights of its members. The template may serve as a vital legal record that can be referred to in the future if disputes or legal issues arise concerning the guarantee.
A guarantee, in legal terms, refers to a legally binding promise made by one party (the guarantor) to assume responsibility for the obligations or debts of another party (the debtor), in case the debtor fails to fulfill their obligations. By passing a written resolution, the members of the company collectively agree to accept the responsibilities and potential liabilities associated with providing such a guarantee.
The purpose of this template is to provide a standardized framework for recording the approval process, ensuring compliance with UK company laws and regulations. It includes essential information such as the company's details, the details of the guarantee being approved, and the agreement of the members to support and accept the associated risks.
By employing this template, the company ensures that the resolution to approve a guarantee is validly and transparently documented, protecting both the company's interests and the rights of its members. The template may serve as a vital legal record that can be referred to in the future if disputes or legal issues arise concerning the guarantee.
Read More
Publisher
Genie AIJurisdiction
England and Wales