Taking your instructions and reviewing the lease documents
We’ll catch up to discuss the proposed lease and give you some advice. We’ll ask you lots of questions to make sure we understand your expectations like what you want to do with the premises, whether the length of the lease will be appropriate for your circumstances and how rent will be recalculated each year.
Usually the landlord’s lawyer will prepare the lease documents so we will need to check it carefully to make sure there are no tricky clauses that might trip you up later. We’ll also give you some advice about whether there are any extra legal protections for your benefit if you are a retail tenant.
If any amendments are required we will negotiate these directly with the landlord’s lawyer and then make sure the lease is properly signed. Sometimes, if the property is subject to a mortgage, we will also need to arrange for the landlord’s bank to consent to the lease to make sure you are protected if the landlord is in breach of its mortgage.
After the lease is signed
Once the lease is fully signed, we’ll provide you with the information you need to comply with your obligations and so you can diarise up the times your legal notices are due to be received to deal with the renewal of the lease and reviewing the rent. When the time comes we’d be happy to help you tick of these jobs too.