Tenancy at Will for Office(s) within a Shared Building

Tenancy at Will for Office(s) within a Shared Building

his Agreement (“the Agreement”) is made and entered into on [Date], between:

Landlord

[Landlord’s Full Name] [Landlord’s Address]

Tenant

[Tenant’s Full Name] [Tenant’s Address]

Property Description

The Landlord hereby grants the Tenant the right to occupy the specified office(s) within the shared building located at [Full Address of the Shared Building] (“the Property”).

Term

This tenancy is at will and shall commence on [Start Date]. Either party may terminate this Agreement at any time by providing a written notice period of [Number of Days’ Notice] days.

Shared Facilities

The Tenant acknowledges and agrees to share certain facilities, such as common areas, meeting rooms, and utilities, with other tenants within the shared building.

Rent

The Tenant agrees to pay the monthly rent of [Amount in GBP] on or before the [Due Date], starting from the commencement of this Agreement. The rent may be subject to periodic reviews as agreed upon by both parties.

Termination

Either party may terminate this Agreement by providing written notice to the other party. Upon termination, the Tenant shall vacate the specified office(s) within the agreed notice period.

Condition of the Office(s)

The Tenant agrees to maintain the specified office(s) in good condition and promptly report any damages to the Landlord. The Landlord reserves the right to inspect the office(s) with reasonable notice.

Utilities and Services

The Tenant is responsible for the payment of utility bills related to the specified office(s) unless otherwise agreed upon in writing by the Landlord.

Use of Shared Spaces

The Tenant shall use shared spaces in a manner that does not disrupt other tenants. Any changes in the use of the shared spaces require written consent from the Landlord.

Governing Law

This Agreement is governed by and construed in accordance with the laws of England and Wales. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of England and Wales.

Entire Agreement

This Agreement constitutes the entire understanding between the parties and supersedes all prior negotiations, understandings, or agreements, whether written or oral.

Signed: ____________________________ [Landlord’s Full Name] Date: ___________

____________________________ [Tenant’s Full Name] Date: ___________

[Landlord’s Full Name] [Landlord’s Signature]

[Tenant’s Full Name] [Tenant’s Signature]

What is a Tenancy at Will for office(s) within a shared building?

A Tenancy at Will for office(s) within a shared building is a flexible arrangement allowing a tenant to occupy specific office space(s) without a fixed term commitment. It offers the freedom to terminate the tenancy with a specified notice period.

How long does a Tenancy at Will for shared office(s) last?

This tenancy has no fixed term and continues until either the landlord or tenant gives notice to terminate, typically with a notice period agreed upon in the contract.

What facilities are shared in a shared office building?

Shared facilities may include common areas, meeting rooms, and utilities. Tenants acknowledge and agree to share these facilities with other tenants within the building.

Can the rent amount be changed during a Tenancy at Will for shared offices?

Yes, the rent amount can be subject to periodic reviews, as agreed upon by both the landlord and tenant. Any changes should be documented in writing.

How can either party terminate the Tenancy at Will for shared offices?

Either the landlord or tenant can terminate the tenancy by providing written notice to the other party. The notice period is typically outlined in the agreement and should be adhered to.

Can the tenant make alterations to their shared office space?

Any alterations to the shared office space may require written consent from the landlord. The terms regarding alterations should be specified in the agreement.

Who is responsible for maintaining the condition of the shared office(s)?

The tenant is generally responsible for maintaining the specified office(s) in good condition and promptly reporting any damages to the landlord.

How are utilities and services managed in a shared office building?

The tenant is typically responsible for the payment of utility bills related to their specified office(s) unless otherwise agreed upon in writing by the landlord.

What happens if a tenant wishes to vacate before the notice period ends?

If a tenant wishes to vacate before the notice period expires, they are generally obligated to pay rent for the entire notice period unless an alternative agreement is reached with the landlord.

Can shared office tenants use common spaces for different purposes?

Any changes in the use of shared spaces, such as common areas, require written consent from the landlord. The original purpose of use should be specified in the agreement.