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    A Guide to Taking a Lease of Commercial Property

    Published 26 July 2017


    This guide provides a detailed and structured overview of the procedures relating to commercial leases.

    Topics of interest include:

    • What is a lease?
    • The lease negotiation
    • Title investigations, searches and enquiries
    • Advisability of a survey
    • Stamp Duty Land Tax
    • Land Registry fees
    • Code of Practice for Commercial Leases
    • Service charges and rent
    • Rights, exceptions and reservations
    • Insurance and repairs
    • Alterations and improvements
    • Assignment and underletting
    • Contracting out of the LTA 1954