The Rent Review Specialist
Agreement for Lease
An agreement for lease is entered into by the parties where the grant of a lease is subject to condition(s) that have to be satisfied prior to grant of that lease. 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.
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.