This cheatsheet includes practical tips to understand key clauses and avoid disputes in leasing agreements.<\/p>\n <\/div>\n \n\nDownload Now<\/a> <\/section>\n <\/div>\n\n\n\n\n A commercial lease is when you have exclusive possession of a property or part of it for a specified permitted business use during a set period. Your rights and obligations are contained in your commercial lease and are often negotiated with the landlord. This contract will contain, for example:<\/p>\n\n\n\n Whilst terms of a commercial lease tend not to change throughout the commercial lease, the rental amount may do so. This will depend on whether or not your lease agreement contains a rent review clause, which can take different forms as detailed below.<\/p>\n\n\n\n If you have a rent review clause<\/a> in your commercial lease agreement, your rent may change throughout the lease period. A rent review is where your landlord assesses the amount of rent you pay according to an agreed method as set out in the lease. Commercial landlords will include rent review clauses to account for future economic factors. For example, increases in general expenditures over time. <\/p>\n\n\n\n The rent review clause should include details on:<\/p>\n\n\n\n A landlord will generally assess the rent using:<\/p>\n\n\n\n Other ways the rent can change include:<\/p>\n\n\n\nCommercial Lease <\/h2>\n\n\n\n
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Rent Review<\/h2>\n\n\n\n
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\n Cheatsheet for UK Leasing Terms<\/div>\n
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