Commercial Leases · glossary
The short clauses, LR1 to LR14, that HM Land Registry requires at the front of every lease it must register: in practice, a lease of more than seven years. Each answers a question the registrar would otherwise dig out of the lease, such as the parties or the term. Lease, prescribed clauses · Chapter 10
Explained in Chapter 10, Completion, Registration and the File, of Commercial Leases.
This is also why the Lease opens with a table of prescribed clauses (the boxes LR1 to LR14). The Land Registry requires that table in every lease it must register, whoever the parties are. A lease of seven years or less is not registered, so it starts straight with the date and the parties.Read Chapter 10, Completion, Registration and the File →
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