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This work covers commercial property agreements that shape how a lease starts, includes future rent terms, and governs conditional steps. It encompasses draft and negotiation of agreements for lease, overage provisions, option agreements, and conditional contracts, plus associated due diligence and documentation. A solicitor coordinates with landlords, tenants, developers, lenders, and valuers, drafts and reviews the contracts and schedules, and handles registrations and any required consents or notices. It often determines when occupation can begin and what rent and conditions apply later.
The provisions involve future rent, milestones, conditions precedent, security interests, and potential clawbacks or catch-alls. A solicitor ensures the documents create workable, enforceable paths to occupancy, set out rent and review mechanisms, and align with statutory requirements, planning permissions, and title investigations. This work also covers liaising with landlords’ solicitors, drafting protective covenants, and managing registration and formalisation of the documents.
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