Standard Underlease Of The Whole Property By Landlord With Head Lease/Superior Lease (With Prescribed Clauses)
Underlease agreements are commonly used when a tenant, or in this case, the Landlord, further sublets a property or a portion of it to a third party. In this scenario, the Landlord is the primary leaseholder, while the third party becomes the new tenant, or the under lessee. This template ensures that the under lessee is leasing the entire property, rather than just a portion of it.
The document is structured to include all necessary prescribed clauses, which are legally required provisions that must be included in the underlease agreement according to UK law. These prescribed clauses serve as standardized terms that protect the rights and interests of both the Landlord and the under lessee.
The template is comprehensive and covers various essential aspects such as the parties involved, property details, lease term, rent payment terms, rights and obligations of both parties, termination clauses, and any additional provisions required by UK law.
By utilizing this template, both the Landlord and the under lessee can have a clear understanding of their rights and obligations throughout the underlease agreement. Additionally, it ensures compliance with UK legal requirements, providing a solid legal foundation for the underlease transaction.
How it works
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
Book your personalised demo now
Similar legal templates
Simple Used Equipment B2B Sale Agreement (Pro-Seller)
The template outlines the terms and conditions under which the sale will take place, including the identification and description of the equipment, its condition, and any warranties or guarantees offered by the seller. It also covers the purchase price, payment terms, and any applicable taxes or fees.
The agreement emphasizes the seller's rights and protections, setting out their responsibilities and liabilities to the fullest extent allowed by law. It includes provisions that limit the buyer's recourse in case of defects or disputes, and may contain clauses that exclude certain types of damages or warranties.
Additional clauses within the template may address risk of loss, title transfer, inspection rights, delivery terms, and dispute resolution mechanisms. It ensures compliance with relevant UK laws and regulations governing the sale of used equipment.
Overall, the Simple Used Equipment B2B Sale Agreement (Pro-Seller) template serves as a legally binding contract that provides a clear and comprehensive structure for businesses selling used equipment in the UK, offering protections and advantages primarily to the selling party.
Publisher
Genie AIJurisdiction
England and WalesSocial Media Coordinator Contract
This Social Media Coordinator contract template is designed for a commercial social media management organisation (or an individual social media coordinator) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of social media management and social-media-management-related services to be completed by the social media coordinator 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 social media management firm or individual social media coordinator 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).
