Contact us

Lease Advisory jargon buster

When managing your lease, you may come across many unfamiliar terms. 

Here’s a breakdown of some of the most common ones. So, you feel more confident when reviewing or discussing your lease. 

Download the infographic

Lease advisory terms

The date your lease officially ends. If you’re wanting to continue the lease, make a decision to extend before this date

A clause that allows the landlord to reassess the rent at a set interval. At this point, the landlord can change the rent to keep pace with the 
market/inflation.

A clause allowing either the landlord or tenant to end the lease early under certain circumstances.

When a lease is mutually re-negotiated to better suit the landlord and tenants’ needs. This often means extending the lease in exchange for a better rent, or a change in break clauses.

The landlord’s right to claim the costs if the tenant doesn’t return the property in the agreed condition at the end of the lease

Want to learn more about Lease Advisory?

 

We’re here to help you unlock hidden value across your lease portfolio. Learn more about how we can support you on our Lease Advisory page.

 

See how we can help