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Agreement for Lease

An agreement for lease is an agreement entered into by the parties in connection with the grant of a tenancy subject to completion of conditions. For example, where a property is to be redeveloped, the landlord may pre-let the property on condition that on completion of the development the tenant enters into the lease.

An agreement for lease comprises at least two documents: a contract for the arrangement, and an agreed form of lease that takes effect on completion of the conditions in the agreement.
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