An Introduction to Drafting Commercial Leases - A 6 Part Boxset

Introduction

This webinar series looks at key features that appear in every commercial lease, pointing out the main issues to agree in each area, and what to look for when considering a landlord's first draft of the lease.

What You Will Learn

This webinar will cover the following:

Module 1 - Introduction

• RICS - Commercial lease code
• Heads of Terms - key points to agree
• Subscription only precedents - practical law leases
• Free precedents - Model Commercial Lease precedents
• Key points to get right at the start

Module 2 - Term & Physical Issues

• Rent
• Key definitions
• Rights - access, parking, facilities
• Repairing covenants - FRI or schedule of condition?
• Insurance and rent cesser/break clauses

Module 3 - Rent Review

• The Upward Only Rent Review
• The Hypothetical lease
• Assumptions and disregards
• Indexed, turnover & misc. issues

Module 4 - Repair & Service Charges

• Repair - FRI or Schedule of Condition?
• Jervis v Harris clauses
• Dilapidation claims at end of term
• RICS Code of Practice on Service Charges
• The Services - definition and extent
• The landlord's obligation to provide the services
• The tenant's obligation to pay for them
• Security of tenure

Module 5 - Use, Planning and Alterations

• Permitted user and the Use Classes
• Permitted changes of user
• Alterations and improvements
• Green Lease clauses
• Statutory provisions

Module 6 - Alienation & Miscellaneous Clauses

• Assignment and underlettings
• Break Clauses
• Guarantees
• Rent Deposit Deeds
• SDLT on leases - an outline

This pre-recorded webinar will be available to view from Thursday 17th April 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.