The commercial lease will be familiar to all property professionals. Yet there are many questions to consider when negotiating one. "Which standard lease should I use?" "Should I take a lease with or without 1954 Act protection?" "What is an FRI lease?"
Professional support lawyer, Katharine Fenn, answers these questions - as well as discussing the key sections that make up the lease and the things to keep in mind in relation to notices, break clauses, service charges and, importantly, repair.
She leaves listeners with her top tips for ensuring an efficient and effective negotiation and stresses the importance of agreeing heads of terms at the outset.