Introduction
In a lease, the business of the tenant is less important than the type of property being let. So our agreements differ with each other through the inclusion or exclusion of terms relating to features of the building, such as those dealing with rights to display signs, rather than by who the tenant may be.
Choose the right agreement by selecting the one whose description most closely matches that of your premises.
The law in these documents
Business lease law is regulated primarily by the Lease of Land Act 1969. If the term of this lease is longer than ten years it must be registered at the Deed Registry Office at https://www.deeds.gov.za
Terms included in every document
A lease contains many terms. We mention here only those few about which you are most likely to be concerned. If you want more precise information as to the contents of a particular document, please ask us.
We provide the words to include or exclude terms relating to the following in every lease:
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guarantor provision
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transfer or assignment to another party
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sub-letting forbidden
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inclusion of a break clause for premature termination by the tenant
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options for rent reviews
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an extensive menu of tenants' covenants to protect every aspect of the landlord's interest
These are full agreements, drawn to a higher standard than most attorneys would provide. Despite the breadth of options we provide, editing is straightforward, regardless of whether you have prior experience or not of this type of legal agreement.
We provide extensive drafting notes explaining each paragraph, and we send you a guide on how to deal generally with editing and completion.
Registration
Registration is a requirement of the law in respect of long term leases. It must be registered with The Deeds Registration Office.