- Category: Leases & Titles
Heads if terms can be referred to when you’re looking to take a lease at a property, particularly with commercial premises rather than a usual short-term ASTs with residential property. They can also appear when preparing for a freehold or leasehold sale of whatever property interest.
They are not as complicated or legally applicable as you might think, however, we still an important document to get right and not waste time and money on getting these correct - particularly when solicitors are involved.
Therefore, here are a few common questions about them answered, followed by seven key elements you find in them.
Heads of Terms Questions
What are Property Heads of Terms, And What Do They Mean?
Basically, a summary of the agreement...Write comment (0 Comments)