What Are Premises? Premises can also refer to a particular section utilized for a specific purpose within a larger structure or property, such as rented office space inside a business building or leased retail space inside a mall. As used in a lease agreement or other...
A Deed of Variation is a legal document that allows the terms of a will to be changed after the testator’s death (the person who made the will). The Deed of Variation can be used to redirect gifts or change asset distribution. Still, it must be signed by all...
Indeed, a tenant must frequently request written permission from their landlord before changing the use of their rented space. The lease agreement between the landlord and tenant often specifies the precise terms and restrictions regulating the allowed usage of the...
In a lease, the term “reserved rights” refers to individual rights or obligations the landlord keeps and does not transfer to the tenant, even though the tenant is renting the property. These rights, intended to safeguard the landlord’s interests and...
In many jurisdictions, a lease must be recorded with the Land Registry if it is more than 7 years. To give proof of the tenant’s right to occupy the property on time and to notify third parties of the tenant’s interest in the property, a lease must be...
