Your lease Sample Clauses

Your lease. The vehicle remains our property throughout. - You can take out a maintenance package (explained below) and replacement vehicle cover for the duration of your lease.
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Your lease. What is the meaning of a leaseholder? Once you complete the purchase of your home, you become a leaseholder. As a leaseholder, you own your home, but you do not own the land surrounding your home, or the building in which it is situated. The Council remains the freeholder of the building, and the estate in which it stands. Under the terms of the lease, we are required to maintain the exterior of the building, any internal communal areas (if applicable) and the grounds within the estate. What is a lease? A lease is a written agreement that establishes the relationship of a freeholder and leaseholder and sets out the contractual terms that are legally binding upon each person named on the lease. This means that it sets out the rights and responsibilities of both you as a leaseholder and Darlington Borough Council as the freeholder. Your lease is an important document and you should ensure your solicitor provides you with a copy and fully explains its contents. The lease will clearly define your home and its situation within the building estate. The lease gives you the legal right to live in your home for a specified number of years, from the date the lease was created. If you sell your home, the new purchaser buys the remaining years of the lease. You can apply to extend your lease if it is coming towards its end, by serving the Council with a Section 42 notice. You will also need to instruct your own solicitor to represent you in the transaction. Further information can be found here: xxxxx://xxx.xxxxx-xxxxxx.xxx/faq/ how-can-i-extend-my-lease/ If you do not have a copy of your lease, you will be able to get one from your solicitor or mortgage lender. Usually, the Land Registry will also keep a copy.
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Your lease is subject to notice of variations
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Your lease 
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Related to Your lease

  • Master Lease A. All the obligations contained in the Master Lease conferred and imposed upon Sublessor (as Tenant therein) shall be borne by Sublessor and Sublessee in accordance with the Sublessor's Percentage and the Sublessee's Percentage, respectively, except as modified and amended by this Sublease, and all rights and privileges contained in the Master Lease conferred upon Sublessor (as Tenant therein), are hereby conferred and imposed upon Sublessee, to the extent of Sublessee's Percentage. Sublessor covenants and agrees it will make payment of the rentals reserved under the Master Lease as and when due, will perform Sublessor's insurance obligations under the Master Lease, and will otherwise fully and faithfully perform the terms and conditions of the Master Lease with respect to the Sublessor's Percentage. Sublessee covenants and agrees to otherwise fully and faithfully perform the terms and conditions of the Master Lease and the Sublease on its part to be performed. Neither the Sublessor nor Sublessee shall do or cause to be done any act which would or might cause the Master Lease, or the rights of Sublessor as tenant under the Master Lease to be endangered, cancelled, terminated, forfeited or surrendered, or which would or might cause Sublessor to be in default thereunder or liable for any damage, claim or penalty. Sublessee agrees, as an express inducement for Sublessor executing this Sublease, that if there is any conflict between the provisions of the Master Lease and this Sublease which would permit Sublessee to do or cause to be done any act which is prohibited by the Master Lease then the provisions of the Master Lease shall prevail. B. Sublessee shall pay to Sublessor, within ten (10) days after demand therefor by Sublessor, Sublessee's Percentage of any and all sums (except fixed annual rent payable under the Master Lease) due pursuant to the Master Lease. Sublessor shall not demand such payment prior to the date which is thirty (30) days before the date any such sum shall be due and owing under the Master Lease. C. Notwithstanding anything to the contrary herein contained, Sublessor shall have no duty itself to perform any obligations of the Master Landlord, nor shall such default of the Master Landlord affect this Sublease or waive or defer the performance of any of Sublessee' s obligations hereunder; provided, nevertheless, that in the event of any such default or failure of performance by Master Landlord, Sublessor agrees, upon notice from Sublessee, to make immediate demand upon Master Landlord to perform its obligations under the Master Lease.

Most Referenced Clauses

Most Referenced Definitions