Joseph Hossein

LEGALESE: “NOTWITHSTANDING” “Notwithstanding”. It’s a bit of a mouthful. When used in a contract the term indicates that what is being said in a clause (Clause 2) takes priority over the contents of another clause (Clause...

LEGALESE: “ WITHOUT PREJUDICE TO ” “Without prejudice to”. Whilst it sounds like a strange phrase, you will often find it written in contracts. The term indicates to a reader that what is being said in a clause (Clause 1)...

LEGALESE: “THIRD PARTY” The term “third party” in a contractual context refers to any person (which includes a company, partnership or other entity) who is not a signatory to a contract. Third parties often appear in contracts...

STRUCTURE OF A COMMERCIAL LEASE Leases can be lengthy and complicated documents. Well drafted leases however tend to follow a similar format. Below is a quick glimpse at the format and key parts of many commercial leases: Date of the Lease – One...

LEGALESE: “SUBJECT TO” The phrase “subject to” is used quite a lot in contracts. It indicates to a reader that they should cross reference the current clause they are reading (Clause 1) with another clause elsewhere in the...

PARTNERSHIP AGREEMENTS – THINGS TO THINK ABOUT A partnership exists when two or more people start a business together with a view to making a profit. There are 3 types of partnership in England and Wales; a conventional partnership, a limited...

GOVERNMENT ‘HOW TO’ GUIDES ON LEASING, LETTING AND RENTING RESIDENTIAL PROPERTIES Three new guides designed to help and inform landlords and tenants have recently been published by the Government. The three guides are as follows: The How...

LICENCE TO OCCUPY – USEFUL OR DANGEROUS? What is a Licence to Occupy? A Licence to Occupy (Licence) is a personal agreement between a property owner (Licensor) and an occupier (Licensee). Under a Licence the Licensor...

You could be a tenant that has finally secured the perfect business premises or a landlord that has been approached by the ideal tenant, but your work is not over yet. It is essential that you now secure favourable lease terms. Below is a list of the sort...

Break Clauses - Top Tips for Commercial Tenants A break clause is a provision in a lease that allows a tenant to terminate their lease well before the lease expiry. Having a break clause is particularly helpful when a tenant’s...

Following on from our recent article on what to do to be a successful landlord, here’s some more general tips that can assist in managing your commercial property or residential property: Prior to granting a...

Knowledge is key when it comes to being a successful landlord . To assist you in this regard Joesph has put together a helpful list of actions a landlord must do before letting a residential property: Ensure the...