Before You Sign: Commercial Leases and Room Hire

About this Training

This training sets out key considerations in signing a commercial lease or room hire agreement. One of the most significant commercial decisions a practitioner will make is whether to sign an agreement for their own premises. This training will cover, at a high level, the terms and clauses that practitioners should be particularly attentive to in considering an agreement for premises. While no substitute for legal advice, it is nonetheless essential that practitioners understand how these legal agreements operate and consider potential legal risks.

Learning Outcomes

• The difference between a Lease, a License and a Room Hire.
• Special protections for Retail Shop Leases
• What is the term?
  • Is your business contingent on a location?
  • Negotiating options.
• Outgoings
  • Gross or net leases.
  • The risks associated with outgoings.
  • Requires insurances,
  • Common and uncommon outgoings,
  • Hidden costs, and,
  • Assessing your full liability.
• Clauses to consider
  • Makegood clauses,
  • Notice periods
  • Essential terms
• Non-standard terms
• Updating contracts
• Termination of leases and licenses

Audience

This webinar is suitable for any practitioner considering entering a contract with a practice.

CPD

Practitioners can claim up to 1 CPD unit/point. This Training has been designed to run for 1 hour, however, training lengths can vary depending on the level of questions and discussion. If you are in doubt, please verify with you CPD Rules.

Enquiries/Assistance