Commercial Conveyancing

What are Dilapidations? Dilapidations represent exit costs for a tenant at the end of their lease. In a commercial lease, ‘dilapidations’ are damages or defects to a property which a tenant is legally obliged to put right under the terms of their lease. These costs are typically...

Historically, the law regulating business tenancies favoured landlords more than tenants. Only tenants who could demonstrate sufficient goodwill, showing that compensation, when their tenancies came to an end, would be inadequate, were entitled to renew their tenancies. That was very difficult for the average tenant...

In our mission to be the go to information site for all Commercial Landlords and potential Tenants, our blog today will cover the obscure topic of varying the Terms of a Lease already in operation – glamorously termed re-gearing. As we have discussed in detail on...