Off-The-Peg Leases - Three Standard Forms Compared
COVID-19 has accelerated an existing trend towards ever-shorter leases, with more flexibility in their terms.
The new edition of the Lease Code may help some occupiers and landlords but is not the most user-friendly resource for a lay person. One answer to keeping the letting process simple, and at the same time keeping transaction costs down, is the use of standard-form leases, and there are several forms available for free.
In this virtual classroom seminar, we will compare and contrast standard forms prepared by leading professional bodies: The Royal Institution of Chartered Surveyors, the Law Society and the British Property Federation. They will be placed in the context of the terms that tenants are seeking in the post-Covid world and also the guidance of the Lease Code.
What You Will Learn
This live and interactive session will cover the following:
- What are the essential objectives for the landlord?
- What are the essential objectives for the tenant?
- How far do the three standard forms comply with the Lease Code?
- A comparative examination of the three lease forms
- Which lease form best suits my clients’ needs?
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.