Jurisdiction(s):
United Kingdom
Key definition
Lease definition

What does Lease mean? In practice, a lease is an agreement by which a landlord grants a tenant exclusive possession of land or premises for a period, usually for rent. It creates the landlord–tenant relationship and a proprietary estate/right, unlike a licence. Across England & Wales and Northern Ireland, the test (Street v Mountford) centres on exclusive possession and a term certain; rent is not essential. Leases over three years generally require a deed; longer terms are registrable (in E&W, over seven years). Business tenancies may attract statutory security of tenure (E&W: Landlord and Tenant Act 1954; NI: Business Tenancies...

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Lease provisions on end-of-term environmental report, intrusive Phase 2 investigation, remediation of new contamination, tenant costs and indemnities, and expert determination

Precedents
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Definitions [ to be added at the start of the Lease ]

  • End of Term Environmental Report - an invasive phase 2 investigation of soils and groundwater, with suitable sampling and testing, procured by the Tenant to determine if any New Contamination exists at, on, or beneath any portion of the Premises...
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Keith Davidson
Keith Davidson

Keith is a Partner at Irwin Mitchell in Manchester specialising in environmental transaction advice. Keith is dual qualified in England / Wales and N.Ireland and is a former Environment Commissioner for Greater Manchester. His practice areas include contaminated land, brownfield development, environmental insurance, and carbon literacy training. He provides EHS transactional support to 20 other law firms. Keith has been top ranked in Chambers and Legal 500 for the last 15 years.  “A leader at understanding and managing environmental liability” Chambers UK Guide...

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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