This is a standard business lease with additions which may
be relevant to the letting of an equestrian establishment.
If the letting is for a use which is substantially agricultural (not equestrian except a stud farm), use a farm business tenancy agreement. If you are not sure whether the tenant will or will not carry on an equestrian business, use this document.
About this document
This is a comprehensive lease for any land, with or without some buildings for any non-business use. Of course the most common non-business use will be for equestrian use. We have drafted it to deal with equestrian provisions; however, it is just as easily used for any other purpose.
If the tenant uses the land or buildings for any business, he will also be in breach of the terms of this agreement.
Who will use this document?
• Any potential landlord (owner of buildings such as stables, sheds or barns);
• Or tenant (someone who wants to use the establishment);
• Who wants to lease or rent any combination of buildings and or land for any equestrian;
• Or other non-business use.
Lease or licence? Any licence is outside of the statutory landlord and tenant framework. But the agreement has to reflect the name. You cannot just call an agreement a “licence” for it to be one. The effect of a licence is that:
• The tenant has no security;
• The landlord has to give no notice (or the limited notice set out in the agreement.
Application
and features
Flexible - alternative paragraphs to suit your needs;
Invaluable notes guide you through the minefield;
Very comprehensive – simply delete what is not required in your case;
Suitable for many types of agricultural use;
Written in plain English!
Contents
Payments;
Interest and further payments;
Tenant’s use and covenants;
Agricultural restrictions on Tenant;
Access for Landlord;
Condition, repair and maintenance: by whom and when;
Transfer and sub-letting;
Provision for premature termination;
Rent review;
Quiet enjoyment;
Forfeiture;
Other legal provisions.
Word
Count (approximate):
Document: 2200
words
Explanatory notes:
1170
words
Draftsman
This is a Net Lawman drawn document. We also offer low cost legal advice. You can learn more and instruct us at Expert Legal Advice.