Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Business tenancy definition

What does Business tenancy mean? A lease of premises occupied for business, trade or professional purposes, often called a commercial lease. The term is descriptive; in England and Wales and Northern Ireland it commonly refers to tenancies benefiting from statutory security of tenure. In England and Wales, Part II of the landlord and tenant Act 1954 generally protects business tenancies, giving security of tenure and a right to a new lease unless the parties have validly contracted out or a statutory exclusion applies (for example certain short lettings, tenancies at will or licences), and termination and renewal follow prescribed notices and court or...

Farm Business Tenancy (England and Wales): ATA 1995 short-term (up to two years) precedent with optional guarantor, insurance, early termination, and payment entitlement/quota provisions

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Precedents

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1 Definitions

Within this Agreement, certain expressions carry specific meanings. Illustrative Terms include:

AA 2020: the Agriculture Act 2020; ATA 1995: the Agricultural Tenancies Act 1995
Adjoining Property: Retained Land and nearby premises; Adjoining Property Rights: rights over the Holding benefiting such land
Agreement: this instrument and any supplementary or collateral document
Annual Rent: yearly sum payable from the Rent Commencement Date on Rent Days
Authority: any statutory, public or local body, court, government department or duly authorised officers
Conduits: media and equipment for carrying energy, data or substances
Costs: losses, expenses, damages and liabilities
Direct Payment: any BPS Payment or SFS Payment, as applicable
Eligible Holding: parts of the Holding qualifying for a Rural Support Payment
Forfeiture Event: designated insolvency processes, non-payment, or breach
Genetically Modified Organisms: as defined by the Environmental Protection Act 1990, including modified or derived crops
Holding: the identified property shown on the Plan
Insured Risks: perils the Landlord may insure; Insurance Policies/Insurance Rent correspond
Interest: sums accruing over base rate on overdue amounts
Legislation: all applicable UK legal requirements
Permitted Use: agricultural use within ATA 1995; Term/Termination as stated; VAT under the Value Added Tax Act 1994...

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Web page updated on 22/05/2026

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...