What would be addressed in a Deed of Variation of Lease?
A Deed of Variation of Lease could address the type of matters considered earlier in this paper in the context of new leases: they can empower the landlord to enter and remain upon the leased premises for the purpose of undertaking physical alterations to the building to increase solar access or ventilation, install wastewater storage and recycling facilities, plants and associated infrastructure, new lighting systems and the like. Likewise, a Deed of Variation of Lease could require a tenant to accept new responsibilities in conducting its use of the premises, such as implementing energy and water efficiency practices, waste collection and recycling, complying with an EMS, and prescribe fit-out obligations. However, if the parties agree that the tenant is to remain in occupation of the premises, the interference of the landlord’s works on the tenant’s use of the leased premises and possible rent increases associated with capital costs of the landlord’s upgrade of the building would ho
Related Questions
- What will happen to the Limited Warranty Deed if the lease is not renewed? Does this mean that I will pay for the lot & build a house but will release ownership when the lease expires?
- Can I examine the copies of the Lease Deed and service agreement?
- Can a Deed of Variation be used to vary the rules of Intestacy?
