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Deed Of Variation For Lease
"Need a Deed of Variation for Lease to modify the permitted use clause of our retail unit at 123 High Street, allowing for both retail and restaurant use, and to extend the lease term by 5 years from March 2025."
1. Parties: Identification of landlord, tenant, and any other relevant parties
2. Background: Details of original lease and reason for variation
3. Definitions: Key terms used in the deed including reference to original lease definitions
4. Variation Details: Specific changes being made to the original lease
5. Effective Date: When the variations take effect
6. Confirmation of Other Terms: Statement that all other lease terms remain unchanged
7. Execution: Formal execution blocks for all parties
1. Registration Requirements: Section detailing land registry registration requirements when variations affect registered interests
2. Third Party Consents: Section confirming necessary third-party approvals when mortgagee or guarantor consent is required
3. Costs: Section specifying agreement on who bears costs of variation when costs need to be explicitly addressed
1. Schedule of Variations: Detailed list of specific changes to lease terms
2. Original Lease: Copy of the lease being varied
3. Plans: Plans showing any changes to demised premises
4. Consents: Copies of third-party consents where required
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