Commercial Lease Clause Examples

Summary

Commercial leases in England often include various clauses to outline the responsibilities and rights of both landlords and tenants. Tenant covenants may cover rent payment, repair and maintenance, use of premises, insurance, and compliance with laws. Provisos can include the right of entry, break clauses, and forfeiture terms. Execution clauses typically involve signature blocks, witness requirements, and counterpart clauses. Prescribed clauses detail parties, property, term, rent, use, and insurance. Interpretation clauses define key terms, governing law, headings, and the entire agreement. Understanding these clauses is crucial for both parties to ensure a clear and enforceable lease agreement.

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Example clauses of provisos in a commercial lease
Here are some common example clauses of provisos in a commercial lease in England:
- Right of Entry: The landlord reserves the right to enter the premises to inspect and carry out repairs.
- Break Clause: Either party can terminate the lease early under specified conditions.
- Forfeiture: The landlord can terminate the lease if the tenant breaches certain obligations.
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example clauses of execution clauses in a commercial lease
Here are some example execution clauses in a commercial lease in England:
- Signature Blocks: Spaces for the tenant and landlord to sign and date the lease.
- Witness: A clause stating that the lease must be witnessed by an independent third party.
- Counterpart Clause: Specifies that the lease may be executed in counterparts, meaning each party can sign separate copies.
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examples of prescribed clauses in a commercial lease
Here are some examples of prescribed clauses in a commercial lease in England:
- Parties: Names and addresses of the landlord and tenant.
- Property: Description of the leased property.
- Term: Length of the lease.
- Rent: Amount and payment terms.
- Use: Permitted use of the property.
- Insurance: Requirements for property insurance.
Would you like more information on any of these clauses?
example clauses of intepretations in a commercial lease
Here are some example clauses of interpretations in a commercial lease in England:
- Definitions: Specifies the meaning of key terms used in the lease.
- Governing Law: States which jurisdiction's laws will apply.
- Headings: Clarifies that headings are for reference only and do not affect interpretation.
- Entire Agreement: Confirms that the lease represents the entire agreement between the parties.
Do you need more details on any of these clauses?