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Mar 2008

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Conveyancing - Law Society

Law Society Business Leases

The Law Society has made various alterations to their leases to reflect the Code for Leasing Business Premises which can be downloaded at www.leasingbusinesspremises.co.uk.

Although this Code is voluntary, it has been endorsed by the Association of British Insurers, British Property Federation, the Law Society and the Government which is keen to promote its adoption in the property industry.

The insertion of extra clauses has resulted in the addition of an extra page to LS1 (Part)(Reg) which is reflected in a change to the price of this form.

Con 24 and Con 26a are Oyez’s own forms for a business lease and commercial tenancy which we have updated in accordance with the Code’s provisions.

AMENDED VERSIONS OF ALL 6 FORMS WILL BE AVAILABLE BY THE END OF MARCH FOR USE FROM 31ST MARCH. WE RECOMMEND THAT CURRENT EDITIONS SHOULD NOT BE USED AFTER 31ST MARCH BECAUSE THEY WILL NOT COMPLY WITH THE CODE’S PROVISIONS.