Deed of Variation of Lease
This Deed of Variation of Lease should be used where the landlord and tenant have agreed to change a term of the lease.This will have the effect of changing the lease permanently. If the change is only to apply for a limited period, for example while a particular tenant is using the premises, the Waiver Side Letter waiving a provision of the Lease should be used.
The Deed of Variation allows the parties to delete a clause of the lease and / or add a new clause or change the wording of a clause.
This Deed of Variation is not suitable for use where the parties wish to increase or decrease the length of term of the lease or to increase or decrease the extent of the premises.
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 Deed of Variation of Lease 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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