Terms of Business for Commercial Property Agency – Lease Rent Review acting for Landlord

Agency Terms and Conditions for Rent Review (Landlord)

PROP.EST.53

These Agency Terms and Conditions for Rent Review (Landlord) can be used by commercial property agencies when handling rent reviews in leases for commercial landlords.

This template, when used with the Agency Appointment Form for Rent Review (Landlord), creates a contract between the agency and the landlord.

Clause 1 contains definitions and in some cases refers to information contained in the appointment form.

Clause 2 covers the appointment of the agent.

Clause 3 sets out the duties of the agent. These include providing advice and conducting negotiations.

Clause 4 sets out the duties of the landlord. These include paying an agency fee to the agent. Details of fees are set out in the appointment form.

Clause 5 deals with termination of the contract between the agent and the landlord.

Clause 6 makes reference to the agent’s complaints handling procedure.

Clauses 7-11 are standard clauses dealing with legal interpretation, notices, VAT, the relationship of the parties and jurisdiction.

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 document 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.

Top