If a tenant is not paying rent or service charges, or has breached other terms of the lease, the landlord has a right to end the lease by forfeiture. This is an important protection for a landlord of commercial property, but it can seem harsh for a tenant whose business is going through a difficult …
Giving replies to pre-contract commercial property sale enquiries can feel like a chore but misleading answers can land a seller in trouble. As Louis Mathers commercial property lawyer with Parnalls in Launceston explains, sellers of commercial property need a clear understanding of what they must disclose, when they should update their replies and the possible …
Agreeing the terms of a lease can seem like a formality but it is important to take the time to make sure that the lease reflects what both landlord and tenant want to achieve. In the second of three articles on this subject, Louis Mathers commercial property solicitor with Parnalls in Launceston explains some of …
When a landlord and tenant agree a commercial lease, each will have a clear aim. The landlord will want to generate a reliable income stream from their investment. The tenant will want premises that accommodate their business effectively and at a cost they can predict and afford. These two objectives lie behind all the detailed …
