Memorandum of Rent Increase for Company Let

This Memorandum of Rent Increase for Company Let should be used where the Landlord and Tenant have agreed to increase the rent payable under an existing company let tenancy agreement, and the fixed term of the tenancy has expired. 

Where a non-assured tenancy fixed term expires, the tenant may remain in occupation and the tenancy may continue as a periodic tenancy. If the landlord and tenant agree a new rent without entering into a new tenancy agreement, this Memorandum records the agreed rent increase and provides a clear written record of the variation.

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 Memorandum of Rent Increase for Company Let is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.

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