Licence to assign a new lease with authorised guarantee agreement | Practical Law

Licence to assign a new lease with authorised guarantee agreement | Practical Law

Licence from the landlord giving consent to the tenant to assign a lease which is a new lease under the Landlord and Tenant (Covenants) Act 1995. The licence incorporates the authorised guarantee agreement by the tenant and is therefore completed when the licence is completed. The authorised guarantee agreement does not need to be printed off and executed separately. The document assumes that there is no tenant's guarantor.

Licence to assign a new lease with authorised guarantee agreement

Practical Law UK Standard Document 7-101-6426 (Approx. 25 pages)

Licence to assign a new lease with authorised guarantee agreement

by Practical Law Property
Law stated as at 23 Aug 2019 • , England, Wales
Licence from the landlord giving consent to the tenant to assign a lease which is a new lease under the Landlord and Tenant (Covenants) Act 1995. The licence incorporates the authorised guarantee agreement by the tenant and is therefore completed when the licence is completed. The authorised guarantee agreement does not need to be printed off and executed separately. The document assumes that there is no tenant's guarantor.
This standard document contains guidance notes (integrated drafting notes) within the text, drawing attention to specific issues.
NOTE: THIS DOCUMENT IS NO LONGER MAINTAINED. FOR A LICENCE TO ASSIGN A NEW LEASE WITH AGA, SEE Standard document, Licence to assign: new lease with AGA and guarantee.