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Commercial Property Lease

What do business owners need to know before signing a new commercial property lease?

Understanding your legal rights as a commercial tenant is vital before committing to a lease for your business premises. Mert Sumbul considers the impact of the Landlord and Tenant Act 1954. What is the Landlord and Tenant Act 1954? The Landlord and Tenant Act 1954 is a significant law governing the relationship between landlords and tenants in commercial properties. It outlines the duties and rights of both parties in leases for business premises. Here, we’ll focus on how it affects tenants, as the Act provides specific protections that can be…

NDAs

NDAs – an overview

A Non-Disclosure Agreement (NDA), also referred to as a Confidentiality Agreement, is a legal mechanism used primarily in employment or business contexts to safeguard confidential information. NDAs are versatile instruments applicable across various scenarios, but their core principle remains the same: one or both parties agree not to disclose specified confidential information. NDAs can either be standalone documents or be incorporated into broader agreements. For example, there may be non-disclosure clauses in an employment contract or a Settlement Agreement, to ensure that proprietary or sensitive information remains confidential. Types of…

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