Jurisdiction(s):
United Kingdom
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Key definition
Renewal definition

What does Renewal mean? Renewal describes, in insurance practice, the continuation of cover for a further period (often 12 months) at the renewal date or policy anniversary, usually by agreeing to pay the renewal premium on the terms set out in the renewal invitation or policy conditions. It is a descriptive contractual concept rather than a term defined uniformly by statute or case law, and usage is broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland. In life assurance, renewal commonly refers to the annual policy anniversary at which renewal premiums fall due and, depending on the policy wording, the policyholder may vary...

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Business tenancy renewal lease precedent incorporating original lease by reference (England and Wales): HM Land Registry prescribed clauses, optional 1954 Act exclusion, rent review, alienation and guarantee provisions

Precedents
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HM Land Registry Prescribed Clauses

  • LR1. Lease date [ date ]
  • LR2. Title number(s)
    • LR2.1 Landlord’s title number(s) [ title number(s) from which this lease is granted. Leave blank if the landlord’s title is not registered ]
    • LR2.2 Additional title numbers [ existing title number(s) against which entries for matters mentioned in LR9, LR10, LR11 and LR13 are to be recorded ]
  • LR3. Parties to the lease
    • Landlord [ [ OPTION 1 — name of Landlord (not an overseas entity) ] [ of OR incorporated in England and Wales (company registration number [ number ]) with Registered office at [ address ] ] OR [ OPTION 2 — name of Landlord (overseas entity) ] [ incorporated OR formed ] in [ territory of incorporation/formation ] (registration number [ number ]) [ and registered at Companies House (company registration number BR[ number ]) ] (overseas entity ID [ [ number ] OR not required ] ) whose registered office is at [ address ] ]
    • Tenant [ [ OPTION 1 — name of Tenant (not an overseas entity) ] [ of OR incorporated in England and Wales (company registration number [ number ]) whose registered office
...
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Web page updated on 22/05/2026

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