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Advanced Commercial Property: Leases - Legal Practice Specialism

At StaySharp, we empower you to master the complexities of commercial property leases. Our comprehensive course covers everything from rent reviews to termination and surrender, ensuring you're equipped with the knowledge and skills to excel in your legal career.

Includes:

Flexible on-demand learning

BPP learning resources created by legal experts

100% online

Audio, video and text content

Regular knowledge checkers

CPD compliant certification awarded

Course Overview

Navigate the Intricacies of Commercial Leases

Our Advanced Commercial Property: Leases course is designed for legal professionals who want to deepen their understanding and enhance their skills in handling commercial leases. This course covers a wide range of topics, including rent review, repair and insurance, assignment, and termination.


Each Legal Practice Specialism pack offers online training sessions that blend audio, video, and text-based content. Our courses are designed to build and develop your expertise in key practice areas. StaySharp's interactive approach includes regular knowledge checkers, exemplars, and application exercises to ensure you stay engaged and on track.

Explore all our legal practise specialism short courses

Course Structure

Our Legal Practice Specialisms offer a suite of hour-long, interactive online courses that cover key legal practice areas. Designed to develop your skills and knowledge, these courses ensure a smooth and successful transition into real-life legal practice. These specialist packs address learning gaps under the SQE and provide a comprehensive, foundational grounding. They also meet the new CPD requirements.

  • This course introduces you to the negotiation process for producing heads of terms. You'll explore the factors that influence the parties' attitudes towards different clauses in the lease and learn important drafting points for the initial sections of a commercial property lease.

    By the end of this course, you'll be able to:

    Discuss the factors which influence the negotiation of the heads of terms
    Recall basic principles which should be followed when amending a draft commercial lease
    Apply and explain some of the amendments a tenant’s solicitor might make to the initial clauses in a commercial lease
    Understand the importance of the definitions clause in a commercial lease

  • This course delves into the intricacies of rent review provisions in a lease and introduces you to the concept of the 'hypothetical lease.' You'll learn how to amend assumptions and disregards clauses and understand the features and negotiation of break clauses.

    By the end of this course, you'll be able to:

    Understand the features of a rent review clause and recognise its importance to both parties
    Explain the mechanics of rent review, from the assumptions and disregards clauses to the practical steps the parties must take
    Apply this knowledge to analyse and amend a rent review clause
    Recognise the features of a break clause and the effect of the Code of Leasing Business Premises on its negotiation

  • This course provides an introduction to drafting repair and insurance clauses in a commercial lease. You'll consider each party's perspective, focusing on the amendments a tenant's solicitor might make to the landlord's first draft. You'll also explore the interplay between repair and insurance provisions and touch on service charge and decoration issues.

    By the end of this course, you'll be able to:

    Understand the issues surrounding repair in a commercial lease
    Identify amendments that a tenant's solicitor might want to make to repair and decorating clauses
    Appreciate the interaction and overlap between the insurance and repair clauses

  • This course covers the additional complexities that arise when a tenant leases part of a building or estate. You'll review important drafting issues, consider definitions carefully, and examine service charge provisions in detail.

    By the end of this course, you'll be able to:

    Understand the definitions, rights and reservations which are required in a lease of part
    Advise on the calculation of service charge and the process by which it is collected and later balanced
    Negotiate a service charge provision in a commercial lease

  • This course introduces you to the issues surrounding a tenant's assignment of a commercial lease to a third party. You'll review relevant statute and case law, draft assignment clauses, and understand the purpose of a licence to assign.

    By the end of this course, you'll be able to:

    Understand the statute and case law relevant to alienation, and more specifically, assignment
    Draft and negotiate an assignment provision in a commercial lease
    Advise a client on the contents and relevance of a licence to assign

  • This course covers the underletting of commercial property, including relevant statute and case law. You'll learn how to negotiate underletting covenants and draft licences to underlet.

    By the end of this course, you'll be able to:

    Understand the legislation and case law surrounding underletting and the potential issues surrounding the process
    Negotiate an underletting provision in a lease, acting for either the landlord or a tenant
    Advise a client on the contents and issues regarding a licence to underlet

  • This course introduces you to the legislation and case law underpinning use and alteration covenants in leases. You'll learn how to draft and amend these clauses and understand the purpose of relevant landlord's licences.

    By the end of this course, you'll be able to:

    Understand the statute and case law surrounding an alteration covenant and a user covenant in a commercial lease
    Advise a client on the drafting and amendment of an alteration and user covenant
    Draft a licence to underlet or alter, and advise a client on the importance of the provisions in these documents

  • This course provides an introduction to tax for property lawyers dealing with commercial property letting. You'll cover VAT basics, draft VAT provisions in leases, and understand the implications of inducements and surrenders.

    By the end of this course, you'll be able to:

    Understand the principles and practicalities of the payment of VAT
    Advise a client on the VAT payable in relation to the grant of a lease, the payment of an inducement and the surrender by either party
    Explain the payment of SDLT or LTT in relation to the grant or assignment of a lease

  • This course covers the remedies available to landlords and tenants when a covenant is breached. You'll focus on the intricacies of forfeiture and understand the impact of insolvency on the availability of remedies.

    By the end of this course, you'll be able to:

    Advise a tenant of its options against a landlord and a landlord of its options against a tenant in the event of a breach of covenant
    Understand the different forms of forfeiture and the circumstances where a s.146 notice is required as well as the effects of the Leasehold Property (Repairs) Act 1938
    Explain the effects of insolvency on the availability of different remedies

  • This course covers the different ways leases end, focusing on notices served to end a secured tenancy. You'll also explore the issues surrounding lease surrender and draft agreements for surrender.

    By the end of this course, you'll be able to:

    Advise a landlord or tenant client on the termination of a secured tenancy through the service of statutory notices and requests
    Understand the practical and legal issues surrounding the process of surrender
    Advise a client on the drafting and contents of an agreement to surrender

  • Upon completion of the course, you will be awarded a digital certification.

    To earn your certificate for this course, you need to successfully complete the assessment with a score of 80% or higher. Once you pass the assessment and the invigilation check, you'll receive your digital certificate the following month. Your certification will be sent directly to your registered email address.

pricing

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*The 14-day free trial only works the first time you sign up for this subscription plan for this specific qualification.
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