New Lease (tenant)

What else you might like to know about New Lease (tenant)

If your business is leasing a commercial property from a landlord, a legal service provider is well placed to handle documentation and agree tenancy terms on your behalf. Here is some basic advice and guidance to inform your choice of legal expert. 

What is a leaseholder agreement?

A leaseholder agreement is a form of contract to be signed by both the landlord and a tenant when a property is leased from one party to another. The agreement sets out the terms of a lease so that both parties are aware of their obligations. 

What are my obligations under a leaseholder agreement?

Under a leaseholder agreement, you will be expected to pay for the continuation of your lease at the agreed amount and time on a monthly basis. You will also be obliged to keep the property maintained to a certain standard during your tenancy. 

What if I disagree with the contents of the agreement?

If you are presented with a leaseholder agreement to sign that you find to be disagreeable or unfair then you should consult a legal expert. A legal service provider will advise you on whether the landlord has the right to make such demands and can provide a mediation service. 

How should I choose a legal service provider?

If you require legal expertise to assist you with the handling of a leaseholder agreement then you should look for a provider with the appropriate expertise and experience. It is also worth considering the location, reputation and cost of a firm before making your decision.

Answer a few short questions now and start comparing legal service providers based on the criteria most important to you.

How will a legal service provider charge me?

Legal service providers are likely to offer you a fixed fee service for handling leaseholder agreements.