Common Contracts
1 similar Commercial Tenancy Agreement contracts
Commercial tenancy agreementsCommercial Tenancy Agreement • January 31st, 2022
This document provides a commercial tenancy agreement, or lease, that is suitable for a self- contained commercial property being let with provision for periodic rent reviews - including open market value, index-based or stepped rent arrangements - if required. There is a prohibition on the transfer of the lease without the permission of the landlord but such permission must not be unreasonably withheld. If the lease period is five years or longer the process will, if requested, generate a 'Deed of revocation' which the tenant can be asked to sign to prevent the tenant becoming automatically entitled to a further new tenancy. There is also provision for a guarantor if relevant.
