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Long Term Land Lease Agreement

Long Term Land Lease Agreement Template for England and Wales

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Key Requirements PROMPT example:

Long Term Land Lease Agreement

"I need a Long Term Land Lease Agreement for a 50-acre agricultural plot in Yorkshire, with a 99-year term starting from March 2025, including specific provisions for renewable energy installations and agricultural building development rights."

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Document background
A Long Term Land Lease Agreement is essential when parties seek to establish a long-duration property arrangement without transferring ownership. This document is particularly relevant in England and Wales where long leases are commonly used for commercial, agricultural, and development purposes. The agreement comprehensively addresses crucial aspects including property rights, obligations, rent provisions, maintenance responsibilities, and termination conditions. It provides security for both landlord and tenant while ensuring compliance with relevant property legislation. This type of agreement is particularly useful for development projects, commercial ventures, or situations requiring substantial tenant investment in the property.
Suggested Sections

1. Parties: Details of the landlord and tenant, including registered addresses

2. Background: Context of the lease agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Demise: The formal grant of the lease and term length

5. Rent and Payment Terms: Rent amount, payment dates, and review provisions

6. Tenant Covenants: Obligations of the tenant including repair, maintenance, and use

7. Landlord Covenants: Obligations of the landlord including quiet enjoyment

8. Insurance: Insurance obligations and requirements

9. Termination Provisions: Circumstances and process for ending the lease

Optional Sections

1. Break Clause: Optional early termination rights - used when parties want flexibility to end lease early

2. Service Charge: Provisions for shared services and facilities - used for multi-tenanted buildings

3. Alterations: Rights to modify the property - used when tenant may need to make changes

4. Assignment and Underletting: Rights to transfer the lease or sublet - used when transfer rights are required

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the leased property including plans

2. Schedule 2 - Rights Granted: Specific rights granted to the tenant

3. Schedule 3 - Rights Reserved: Rights retained by the landlord

4. Schedule 4 - Rent Review: Detailed rent review provisions and methodology

5. Schedule 5 - Service Charge: Detailed service charge calculations and included services

6. Schedule 6 - Authorized Use: Permitted use of the property

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries
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Relevant Roles
Industries

Law of Property Act 1925: Core legislation defining legal estates in land, formal requirements for leases, and provisions about covenants and conditions in England and Wales

Landlord and Tenant Act 1954: Governs security of tenure for business leases, including provisions for lease renewal and termination

Landlord and Tenant (Covenants) Act 1995: Regulates the enforcement of covenants and addresses liability of original parties and assignees in lease agreements

Law of Property (Miscellaneous Provisions) Act 1989: Sets out requirements for execution of deeds and formal requirements for contracts relating to land

Land Registration Act 2002: Establishes registration requirements and determines priority of interests in land

Defective Premises Act 1972: Defines landlord's duties and obligations regarding repair and maintenance of premises

Contracts (Rights of Third Parties) Act 1999: Governs third party rights under lease agreements

Perpetuities and Accumulations Act 2009: Contains rules against perpetuities applicable to long-term leases

Planning Legislation: Various laws and regulations governing land use, development, and planning permissions

Environmental Protection Legislation: Laws ensuring environmental safeguards and compliance in property usage

Health and Safety Regulations: Requirements ensuring safety standards in property occupation and usage

Building Regulations: Standards and requirements for building construction and modification

Energy Efficiency Requirements: Regulations governing minimum energy performance standards for leased properties

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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