Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🏢 Right of first refusal

Why use a 🏢 Right of first refusal?

A right of first refusal is a legal right that gives the holder the option to enter into a contract before it is offered to anyone else. This right is typically given to someone who already has a relationship with the person or company who owns the property or asset in question.

The Standard Section 5A Notice (Freehold) under UK law is a legal template that serves as a notice for property owners who are intending to sell their freehold property. This notice is required under the Leasehold Reform Act 1967 and must be served to the tenants of the property who have the right of first refusal to purchase the freehold interest.

The purpose of this notice is to inform the tenants of their rights and offer them the opportunity to exercise their right of first refusal, providing them with the option to purchase the freehold interest on the same terms as the potential sale to a third party.

The template typically includes details of the property being sold, the names of the current owner and tenants, and the proposed terms of the sale. It outlines the process and timeline for the tenants to respond if they wish to exercise their right of first refusal, including the deadline for the acceptance of the offer.

By using this legal template, property owners can ensure compliance with the legal requirements and facilitate a transparent and fair process when selling their freehold property.

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



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Sync Licensing Agreement (For Film Soundtrack)

A Sync Licensing Agreement (For Film Soundtrack) under UK law is a legally binding contract that governs the use of music in films. This template outlines the terms and conditions between the music rights holders, often referred to as the licensor, and the film production company or filmmaker, known as the licensee, in the United Kingdom.

The agreement details the specific songs or compositions that the licensee is granted permission to synchronize with visual content in their film, including background music, featured songs, or instrumental tracks. It establishes the rights and limitations regarding the licensing period, territorial scope, and the number of copies or screenings allowed.

This legal template covers essential clauses such as royalty fees, payment terms, and mechanisms for accounting and reporting royalty earnings. It also includes provisions related to copyright ownership, intellectual property rights, and protection against unauthorized use of the licensed music. The agreement may address issues like crediting the music and its creators, indemnification against any potential legal claims, and procedures for resolving disputes.

Furthermore, this template might incorporate clauses related to the termination or renewal of the agreement, including conditions under which either party can terminate the license. It may also define the obligations and responsibilities of both parties, such as securing necessary clearances from third parties involved in the creation of the music and fulfilling any music cue sheet requirements.

Overall, the Sync Licensing Agreement (For Film Soundtrack) under UK law provides a comprehensive legal framework that helps protect the rights and interests of music rights holders while granting film production companies the necessary permissions to use the licensed music in their films.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
7
RATINGS
4
DISCUSSIONS
2

Support Analyst Contract

This Support Analyst contract template is designed for a commercial support analysis organisation (or an individual support analyst) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of support analysis and support-analysis-related services to be completed by the support analyst on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the support analysis firm or individual support analyst on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).

Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
3
DISCUSSIONS
0

Terminal Insolvency, Non-Terminal Insolvency And Non-Insolvency Employment Implications

This legal template provides a comprehensive outline and explanation of Terminal Insolvency, Non-Terminal Insolvency, and Non-Insolvency Employment Implications under UK law. It is designed to assist individuals, lawyers, and HR professionals in understanding the legal implications associated with various types of insolvency situations and their direct impact on employment.

The template begins by defining and distinguishing between Terminal Insolvency, Non-Terminal Insolvency, and Non-Insolvency. It elaborates on the specific characteristics and legal consequences of each scenario, providing clarity on their respective definitions and how they are recognized under UK law.

Next, the template delves into the implications of Terminal Insolvency on employment. It outlines the legal obligations and rights of employees and employers when a company is declared terminally insolvent. This may include details on redundancy procedures, employee consultation requirements, statutory entitlements, wage arrears, and potential claims against the employer or the government's National Insurance Fund.

Subsequently, the template addresses the employment implications of Non-Terminal Insolvency. It highlights the legal framework surrounding this type of insolvency, which may involve administration, receivership, or other forms of financial restructuring. The template provides guidance on employee rights, consultation processes, transfer of employment contracts in case of business sale or reorganization, and the potential actions that employees or the insolvency practitioner can take in such situations.

Finally, the template explores Non-Insolvency employment implications and how these differ from insolvency scenarios. It may cover employment rights, changes of ownership, contractual obligations, and general employment law principles that come into play when a company is not facing insolvency.

Overall, this legal template serves as a comprehensive guide for understanding the intricacies of Terminal Insolvency, Non-Terminal Insolvency, and Non-Insolvency Employment Implications under UK law. It offers valuable insights into the rights, obligations, procedures, and potential legal actions relevant to employees and employers in different insolvency scenarios.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
5
RATINGS
1
DISCUSSIONS
2