Neves Solicitors has expanded the Commercial Property team with the appointment of Pinar Demir. Pinar is a solicitor who specialises in Commercial Property matters.
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Commercial property leases are complex and intricate legal documents that regulate the relationship between landlords and tenants. Among the myriad of clauses within a lease, the “yielding up" provisions are one of the most critical and, if not properly drafted, can result in significant expense for the landlord or tenant when the lease ends.
Given the complexity and the legal terminology, understanding the nuances between a Lease, a Licence, and a Tenancy at Will is key and can often be vital in maintaining the rights and responsibilities of both property owners and those they allow into occupation of a commercial property.
If you are taking a new lease or buying an existing lease of premises, you may be asked to pay a service charge if those premises form part of a building, a commercial estate or a shopping centre.
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