Commercial Leases · glossary
The landlord's written consent to a tenant's alterations, signed for both sides. Linnet's licence covers drawings 1 to 3: partitions, a meeting room and floor boxes. It sets the conditions, including removal at the end if Fellgate gives notice, and was completed with the lease. Lease 5.4 · Chapter 7 · see Reinstatement, Permitted use
Explained in Chapter 7, Alterations and Use, of Commercial Leases.
Linnet will fit out the floor at its own cost, with partitions, a meeting room and new floor boxes for power. Fellgate consents in a licence for alterations (Chapter 7). A surveyor walking the floor in 2031 would see a fitted studio and value it as one.Read Chapter 4, Rent Review →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Commercial Leases and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Commercial Leases → · All terms A–Z →