Appointment Form for Commercial Property Agency – Rent Review acting for Landlord

Agency Appointment Form for Rent Review (Landlord)

PROP.EST.57

This Agency Appointment Form for Rent Review (Landlord) should be used where a commercial landlord wishes to appoint an agency to advise and represent the landlord in relation to a review of rent under a commercial lease.

When completed and signed by the landlord and the agent, the appointment form creates a binding contract between them. The Agency Terms and Conditions for Rent Review (Landlord) are incorporated into, and form part of, the contract.

This form contains fields for the agent’s details, the landlord’s details and particulars of the lease. Details of the agency arrangements are also captured: the agency start date and fixed term and the agency fees. Several options are included for the fee structure and the wording provides for an additional agency fee to be payable if the revised rent ultimately needs to be determined by an expert or an arbitrator, rather than agreed between the parties.

By signing the form the landlord confirms that there are no restrictions (such as planning control, mortgage conditions or restrictions in the title deeds) that prevent the landlord from conducting a rent review. Landlords should check these matters before entering into a contract with an agency.

Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.

This Agency Appointment Form for Rent Review (Landlord) is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.

Once you have purchased access to the appropriate document folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.

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