TP1 Transfer of Part of Registered Lease: Apportionment, Landlord Consent, Old/New Lease Liability, Forfeiture and Drafting Guidance (England and Wales)
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Precedents
Precedent transfer
This precedent provides suggested wording for Form TP1 in the rare circumstances where only part of a leasehold is assigned. Assignments of part are widely disliked by landlords, since the resulting fragmentation of the tenant covenants inevitably makes it harder and costlier for the landlord to collect rent, enforce covenants and otherwise manage the property. See Practice Note: Assignment of part of the demised premises. Form TP1 must be used where the assignment is of part of a registered lease, or of part of an unregistered lease that has more than seven years left to run. An adaptable Word version of the TP1 precedent can be downloaded, saved or printed from this link:
Apportionments
On an assignment of part, the tenant and assignee should agree to apportion:
- the rent payable under the lease;
- any other amounts payable under the lease (insurance, service charge etc); and
- the responsibility for any other covenants that are non-attributable to the various parts of the premises.
The landlord (and any mortgagee of the landlord) should be asked to consent to the apportionments...
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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 ...
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 ]...
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