PLP - Certificate of title

Question 1

What would be in the opening paragraph of the HOT’s?

Answer 1

Question 2

What would be included in the introductory paragraph of the HOTs?

Answer 2

BLAL intends to grant GL a lease on the following heads of terms. These heads of terms are not intended to create any legally binding obligations. They are subject to contract, completion of formally executed legal documentation and approval of the board of BLAL.

These heads of terms are confidential to the intended parties to the proposed lease and to their professional advisors.

The proposed lease may contain further terms as BLAL may require, including additional terms on matters that are covered in this document.

Question 3

What will be included in the HOTs?

Answer 3

1. LANDLORD
2. TENANT
3. PREMISES
4. TERM
5. RENT
6. SERVICES AND SERVICE CHARGE
7. INSURANCE
8. USE
9. ASSIGNMENTS AND UNDERLEASES
   10.REPAIR
10. CONDITIONS
11. COSTS
12. SOLICITORS

Question 4

How will the HOT be signed off?

Answer 4