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Lease Agreement - Long Term

A Lease Agreement, also known as a Business Tenancy Agreement, is a legally binding agreement made between the Landlord and the Tenant which governs the terms and conditions under which the lease is to operate. This agreement is drafted specifically for leases of a commercial nature where the period of the lease is in excess of 7 years.

Document: Lease Agreement - Long Term

Document code: JD008

Document format(s):
Lease Agreement - Long Term in Microsoft Word Document MS Word

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A Lease Agreement is a legally binding agreement made between the Landlord and the Tenant which governs the terms and conditions under which the lease is to operate. In terms of this agreement, the Landlord grants the Tenant the right of lease over the property, for commercial purposes, and in return for rental.

This agreement is drafted specifically for leases of a commercial nature where the period of the lease is in excess of 7 years. It is a comprehensive agreement containing the essential clauses necessary to ensure that both parties’ interests are protected. There is also the option to either include or exclude security of tenure in terms of the Landlord and Tenant Act 1954. Leases in excess of 7 years must be registered with the Land Registry. This agreement contains the prescribed clauses required by the Land Registry to ensure registration of the lease.

This agreement contains the following clauses:

  1. Prescribed clauses
  2. Definitions
  3. Interpretation
  4. Letting and Hiring
  5. Duration
  6. Rent Payments
  7. Additional Charges
  8. Use of Premises
  9. Maintenance and Repairs
  10. Statutory and Other Obligations
  11. Maintenance of Common Areas
  12. Special Provisions
  13. Landlord’s Right of Access
  14. Transfer and Sub-letting
  15. Insurance
  16. Breach
  17. Forfeiture
  18. Arbitration
  19. Notices
  20. Exclusion of Security of Tenure (optional)
  21. Governing Law and Jurisdiction
  22. Counterparts
  23. Signatories

The Lease Agreement - Long Term is available to download instantly in the following formats:


Microsoft Word Document Microsoft Word document

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