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Non Exclusive Lease Agreement Template for England and Wales

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Key Requirements PROMPT example:

Non Exclusive Lease Agreement

"I need a Non Exclusive Lease Agreement for a shared office space in London, starting March 2025, where multiple tenants will use the communal areas and meeting rooms, with specific provisions for scheduling shared facilities and clear guidelines on maintenance responsibilities."

Document background
The Non-Exclusive Lease Agreement is essential for situations where multiple tenants may share or access different parts of the same property. Under English and Welsh law, this document provides a framework for defining shared spaces, establishing usage rights, and managing potential conflicts between multiple tenants. It's particularly relevant for commercial properties, shared office spaces, and multi-unit developments where exclusive possession isn't granted or desired. The agreement includes specific provisions for common areas, scheduling of shared facilities, and maintenance responsibilities, while ensuring compliance with relevant property legislation in England and Wales.
Suggested Sections

1. Parties: Identifies and defines the landlord and tenant(s)

2. Background: Explains context and purpose of the lease

3. Definitions: Defines key terms used throughout the agreement

4. Demise: Specifies the property being leased and any exclusions

5. Term: Duration of the lease and any renewal rights

6. Rent and Payment Terms: Rent amount, payment schedule, and review provisions

7. Tenant Covenants: Tenant's obligations under the lease

8. Landlord Covenants: Landlord's obligations under the lease

9. Insurance: Insurance requirements and responsibilities

Optional Sections

1. Service Charges: Details of service charges and management fees - used when property is part of larger building/complex

2. Break Clause: Early termination provisions - used when parties want flexibility to end lease early

3. Alterations: Rights and restrictions regarding property modifications - typically used for longer-term commercial leases

4. Assignment and Subletting: Rights to transfer or sublet the property - typically included for longer-term leases where transfer might be needed

Suggested Schedules

1. Property Plan: Detailed plan showing the leased premises

2. Inventory: List of fixtures, fittings, and contents included

3. Service Charge Schedule: Breakdown of service charges and calculation method

4. Permitted Use: Detailed description of allowed property usage

5. Condition Report: Initial condition of the property

Authors

Alex Denne

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

Relevant legal definitions




















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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Landlord and Tenant Act 1985: Primary legislation establishing basic landlord-tenant rights and obligations, including landlord's repairing duties and standards for habitation fitness.

Landlord and Tenant Act 1987: Legislation governing service charges and tenants' rights of first refusal in certain property transactions.

Law of Property Act 1925: Foundational property law legislation covering lease formalities, legal estates in land, and fundamental property law principles.

Housing Act 1988: Legislation governing residential tenancies, including assured and assured shorthold tenancies, possession grounds, and rent regulation.

Contracts (Rights of Third Parties) Act 1999: Legislation dealing with third-party rights in contractual arrangements, including leases.

Consumer Rights Act 2015: Consumer protection legislation ensuring fairness and transparency in business-to-consumer contracts, including residential leases.

Regulatory Reform (Business Tenancies) (England and Wales) Order 2003: Legislation governing business tenancies, particularly regarding security of tenure provisions for commercial leases.

Equality Act 2010: Anti-discrimination legislation ensuring fair treatment in property transactions and tenancy arrangements.

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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