Load Header Lease For Free

An underlease may also be known as a sublease or sub-tenancy or other similar variations. An underlease is where a tenant sublets a property granted to them through a lease, by granting a new lease for the same property or part of the same property to a third party.

A headlease is a lease granted out of the freehold and an underlease is one granted out of a headlease. There may be any number of underleases (sometimes described as sub-underleases, sub-sub-underleases and so on), but each underlease must expire before the one out of which it is granted.

Landlord: Typically, this is the freeholder but there are situations where your immediate landlord is the 'head leaseholder', not the freeholder. A 'head leaseholder' will be the leaseholder with the longest lease, who has leased your flat to you and who pays ground rent to the freeholder.

A head lease is a primary commercial lease between a landlord and tenant, wherein the tenant is given the ability to sublease the premises to subtenants. Under a head lease, the District is the building owner's tenant and the building owner is the landlord.

A headlease is the primary lease that is signed between a tenant and a property manager. The tenant, or head lessee, is contractually responsible for the terms of the lease, and in most lease agreements, they have the ability to sublease the space if they so wish.

In January 2023, it was announced that the leasehold system would be abolished completely, but this is no longer going ahead. Instead, reforms will be put in place. These include the following: A cap of 0.1% will be put on the ground rent of a property.

(aka Head Lease) This is the lease held by a landlord when the landlord is not the owner of the property but also leasing the property from someone else.