template

Deed of Variation (Lease)

by
Genie Team
Genie Team
Nov, 15 2023

When to use this template

A Deed of Variation (Lease) is a legal template that pertains to the modification or alteration of an existing lease agreement in accordance with UK law.

This document allows both the landlord and the tenant to make agreed-upon changes to the terms and conditions outlined in the original lease. These modifications might include adjustments to the rent, extension or reduction of the lease term, changes to the permitted use of the property, or amendments to maintenance responsibilities.

The Deed of Variation (Lease) offers a formal and legally binding framework for parties to record and enforce the agreed amendments, ensuring clarity and protecting the rights and obligations of all involved parties.

This document is typically used when both parties are in mutual agreement on the proposed modifications and seek to update the lease to reflect their new arrangements accurately.

Key issues covered in this template

  • Deeds and instruments
  • Definitions and interpretation
  • Guarantor's obligations
  • Interpretation
  • Lease variation
  • Legal person
  • Plural and singular
  • Property
  • Subordinate legislation
  • Tenant to pay costs
  • N/A

What to watch out for

  • Ensure that all changes to the lease are documented in the deed of variation

  • Check that the landlord and tenant have both agreed to the changes

  • Make sure that the deed of variation is signed by both parties

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI Team

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

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Additional information

Business categories

Business activities

Contract type

Relevant sectors

Construction

Real Estate

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes