Need to add a break option section to lease . Can anyone ehlp with wording?

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    Need to add a break option section to lease . Can anyone ehlp with wording?

    I am renewing a lease with commercial tenant and they want a break option inserted. Is there a template that I can copy and paste? Standard wording that protects me as landlord from unhappy exits? Would it be wrong to call it a "Snuff Clause"? Where do I go for a quick copy and paste?

    #2
    I have been known to say elsewhere that neither landlord nor tenant should enter into a commercial lease (and that would include a renewal) without being legally represented unless the property is a lock-up under the arches and the tenant is in import-export. There are just too many traps for the unwary to fall into. Indeed there are traps which lawyers can fall into.

    Break clauses are especially difficult to get right and not really the sort of clause a non-lawyer should be drafting even if the precedent comes from a reliable source. Break clauses take various forms depending on what is required. If you are resolved to do it yourself then do not rely on anything you get online because, unless obtained from a recognised law publisher, you will not know if it is reliable. Consulting a book in the library has to be the better option although that does not rule out the possibility of you choosing the wrong precedent.

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      #3
      Thanks Lawcruncher. The darling solicitors have a set fee for dealing with commercial leases, and won't even look at it for less than £750 + VAT which is the equivalent of two months rent. The rest of the lease is produced by solicitor but I find it outrageous that they want so much just to add a small section! I am looking on line, I must admit.
      Also, the lease has a guarantor as well. Should the break notice be signed by both the tenant and the guarantor?

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        #4
        There is no need for a guarantor to sign a break notice.

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