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Send Commercial Lease Notice

Send Commercial Lease Notice

Aug 6th, 2022

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How to Send Commercial Lease Notice

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In this video tutorial, viewers will learn essential concepts of commercial leases, including common lease structures, important lease clauses, and typical delivery conditions. While it's not necessary to understand every detail of commercial real estate jargon, the video aims to provide foundational knowledge. A key focus is on lease structures, particularly the triple net lease, which is prevalent in commercial real estate. In a triple net lease, tenants pay a base rent alongside three additional costs: property taxes, building insurance, and common area maintenance. This structure places the financial responsibility for property-related expenses primarily on the tenant. By the end of the video, viewers will have a solid grasp of commercial leases to navigate the rental process more effectively.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How much notice do I have to give on commercial property?

So a tenant is likely to have to give between 3 and 4 months notice if rent is paid monthly, and 3 and 6 months notice if rent is paid quarterly.

How do I give notice on a commercial lease?

Section 25 notice (landlord terminating the commercial lease agreement) You can give your tenant notice that you plan to end their tenancy with a Section 25 notice (sometimes called an S25 notice). This confirms: the end date for your existing lease.

Do you need to give notice at the end of a commercial lease?

If the lease is not secure, no notice needs to be served and the tenant should simply vacate on the last day of the term of the lease. This Notice must be given to the Landlord not less than 3 months before the date on which the tenant wishes the tenancy to end.

Can I give tenancy notice by email?

You can send your letter by email if your tenancy agreement says you can. You should say something like: I am giving 1 months notice to end my tenancy, as required by law. I will be leaving the property on (date xx).

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