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Warning of Default on Commercial Lease Utah  Form

Warning of Default on Commercial Lease Utah Form

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[Music] I'm Naomi Wilson and I'm head of commercial property at assel Patterson heads of terms are basically a list of the main Provisions that a landlord and a tenant need to agree before they draft a new commercial lease they're usually prepared by the agent that's advertising the property for sale and it's important that they are agreed upfront and signed off because they're a point of reference for both the landlord solicitor who will refer to them when drafting the lease and also for the tenants solicitor who will check through them when they are reviewing the lease and reporting to their tenant client [Music] so the main terms that a landlord and a tenant have to consider when agreeing the heads of terms for a new commercial lease are the identity of the landlord and the identity of the tenant this is especially important if the tenant is a limited company we also have to agree the length of the term of the lease and the amount of t

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