Commercial Leases - A Guide to Drafting Common Clauses & Amendments - MBL

Using a precedent form of lease may make drafting the lease easy, but do you know why particular wording is used or how it should be amended? If the other side makes an amendment, do you know the standard compromise position or whether you should accept their amendment? If not, then this live broadcast session is for you.

• SRA Competency - B
• Level - Intermediate: Requires some prior subject knowledge
• CPD - 3 hours
• Group bookings - email us to discuss discounts for 5+ delegates

Aimed primarily at those who are relatively inexperienced at drafting and negotiating commercial leases, the course will focus entirely on drafting - both the initial drafting of clauses and the drafting of amendments to clauses - using numerous examples of the most tricky clauses in leases.

What You Will Learn

This live and interactive session will cover the following:

• Alienation
  • Using s19(1A)
  • Avoiding problems with the Landlord and Tenant (Covenants) Act 1995 following K/S Victoria Street and Tindall Cobham
  • Restrictions on underletting
  • Restrictions on other forms of alienation
  • Offers to surrender and other pre-conditions
• Contracting out of the Landlord and Tenant Act 1954
  • Wording to use
  • Avoiding problems with the definition of the lease term
• Rent review
  • Avoiding headline rents
  • Avoiding problems with VAT
  • Disregarding tenant's improvements
• Insurance
  • Defining insured risks
  • Issues with uninsured risks
• Service charges
  • Restricting what the landlord can charge under the service charge
• Break clauses
  • Optimum drafting of both landlord and tenant break clauses
• Repair
  • Tenant amendments
• Alterations
  • Tenant amendments
  • Yielding up obligations

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.

This session is repeated 10 June and 10 December.