TOP-LEGAL | Underlease of Whole Heads of Terms Template

Other Documentation :

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An Underlease of Whole Heads of Terms is a preliminary, non-binding document outlining the principal terms agreed upon between a tenant (the head tenant) and an undertenant for leasing the entire premises under the existing lease. This document typically includes details such as the parties' identities, property description, underlease duration, rent, permitted use, repair obligations, and any rights of assignment or further underletting.

Do you have any Question?

An Underlease of Whole is suitable when a tenant wishes to sublet the entire leased premises to another party, often to maximize the use of space or share operational costs.

Yes, most headleases stipulate that the tenant must obtain the superior landlord's written consent before granting an underlease. The Heads of Terms can be used to facilitate this consent process.

Area Of Law :

Property Law

Sector :

Corporate & Business Law

Category :

Private Law

Region :

Europe