This work involves acting for both landlords and tenants in the grant, renewal, assignment, underlease and surrender of commercial leases, including drafting and negotiating terms, rent clauses, covenants, repair, and user restrictions. A solicitor coordinates due diligence, reviews title and lease documents, communicates with counterparties and their solicitors, and handles notices, registrations, and enforcement or dispute resolution related to the lease lifecycle.
What a solicitor handles in these matters
The solicitor negotiates and drafts bespoke lease documents, coordinates rent review mechanisms, options or break clauses, assigns or sub-lets, and handles surrender agreements, all while managing risk through covenants, service charges, insurance provisions and compliance with relevant property law and registration formalities. They liaise with landlords, tenants, lenders and property managers to align lease terms with business objectives and financing arrangements.
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