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Major Leasing covers negotiating and drafting commercial property leases for landlords or tenants, including offices, retail units and industrial premises; it also involves securing rent reviews, service charges, dilapidations, break clauses, renewal rights under relevant legislation, assignments and guarantees. A solicitor in this area advises on heads of terms, negotiates lease terms, prepares or negotiates the lease, checks title and planning considerations, coordinates landlord consents, and handles remedies for breaches. The work often hinges on term length, rent, and enforcement deadlines.
