Tenancy at Will for Site for Advertising Hoarding
This Tenancy at Will for Site for Advertising Hoarding should be used where a Landlord wishes to allow a Tenant to use a site on a temporary basis. This might be because the parties are in the process of negotiating a formal lease or because the Landlord has other long-term plans for the land and is happy for a Tenant to occupy it in the short term.
A Tenancy at Will does not have a fixed term. Instead, the arrangement continues until it is terminated by one of the parties. There is no notice period so termination happens with immediate effect. The Tenant has no security of tenure and can be required to leave the premises at any time.
Because a Tenancy at Will is a very short-term arrangement the document is very light on detail. If the arrangement is to last more than a few months a lease should be used instead.
The Tenant may be a company or an individual. This Tenancy at Will caters for either scenario.
Clause 1 contains the definitions. The definition of Premises makes optional reference to a plan. It is recommended that a plan is included, showing the Premises edged red, so that the extent of the Premises is clear.
Clause 2 is the grant of the Tenancy at Will.
Clause 3 contains the Tenant’s covenants. These cover payment of rent and other outgoings, use, alterations, alienation (no assignment is permitted) and the Landlord’s right of entry.
Clause 3.2 contains optional wording whereby the Landlord consents to the erection of an advertising hoarding in accordance with an attached specification. The specification will need to be approved by the Landlord and a copy attached to the Tenancy at Will before it is signed.
Clause 4 contains a covenant by the Landlord to allow the Tenant to access the Premises via the Landlord’s adjoining land (if necessary).
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 Tenancy at Will for Site for Advertising Hoarding 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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