template

Agreement Between Assignee Of Residential Lease And Landlord and Management Company (Old Lease Covenant)

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

This deed of covenant is for use where an "old" lease under the Landlord and Tenant (Covenants) Act 1995 is assigned and the landlord and the management company require a direct covenant from the assignee. The assignment does not require the landlord's consent, so there is no licence to assign containing a direct covenant.

Key issues covered in this template

  • Clauses
  • Date of assignment
  • Delivery
  • Delivery time
  • Future tenants
  • Legal person
  • Legally binding
  • Notice provisions
  • Plural and singular
  • Service of process
  • N/A

What to watch out for

  • that the assignment does not require the landlord's consent;

  • that there is no licence to assign containing a direct covenant

1

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

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

Real Estate

Construction

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes