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Commercial property leases cover the rights and obligations of landlords and tenants when occupying space for business. A solicitor in this area drafts and negotiates leases, checks terms such as rent, service charges, break options, user restrictions and repair covenants, and advises on assignments, sub-leases and consents. They also prepare accompanying deeds (such as deeds of variation or lease supplements), review heads of terms, liaise with surveyors and agents, and ensure registration of the lease at HM Land Registry where required. The work is shaped by commercial objectives, property strategy and risk management.
