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Commercial Lease Notice

Commercial Lease Notice Template for Ireland

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Key Requirements PROMPT example:

Commercial Lease Notice

"I need a Commercial Lease Notice to exercise a break clause for our retail premises at 123 O'Connell Street, Dublin, with the break date set for March 1, 2025; we're a large retail chain closing this location due to market conditions."

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Document background
The Commercial Lease Notice is a critical document in Irish commercial property law that serves as a formal communication instrument between parties involved in a commercial lease arrangement. It is used when one party needs to formally notify the other about significant matters relating to the lease, such as exercising break options, implementing rent reviews, addressing breaches, or serving termination notices. The document must be drafted in compliance with Irish legislation, particularly the Landlord and Tenant Acts and relevant property laws. The notice must include specific details such as party information, property description, lease references, and the precise nature of the notice being served. Proper service of a Commercial Lease Notice is crucial as it can have significant legal and commercial implications, and failure to serve it correctly may invalidate the intended action.
Suggested Sections

1. Notice Date: The formal date of the notice issuance

2. Parties: Full legal names and addresses of both landlord and tenant

3. Property Details: Complete description and address of the leased premises

4. Lease Reference: Details of the original lease including date, parties, and any subsequent variations

5. Notice Purpose: Clear statement of the purpose of the notice (e.g., termination, rent review, exercise of break option)

6. Legal Basis: Reference to relevant clause in lease or statutory provision under which notice is given

7. Effective Date: The date on which the notice takes effect

8. Required Actions: Clear statement of any actions required by the recipient

9. Service Details: Method of notice delivery and confirmation of service

Optional Sections

1. Rent Review Details: Include when notice relates to rent review, specifying proposed new rent and basis of calculation

2. Break Option Terms: Include when exercising break option, detailing specific conditions that must be met

3. Breach Details: Include when notice relates to breach of lease terms, specifying nature of breach and remedy required

4. Renovation/Works Notice: Include when notice relates to planned works or renovations

5. Assignment/Subletting Details: Include when notice relates to request for consent to assign or sublet

6. Insurance Details: Include when notice relates to insurance matters or requirements

7. Professional Advisors: Include when relevant contact details of legal representatives or other professional advisors should be provided

Suggested Schedules

1. Property Schedule: Detailed description of the property including any plans, maps or photographs

2. Lease Extract: Relevant extracts from the lease agreement pertaining to the notice

3. Service Evidence: Proof of service documentation including delivery receipts or witness statements

4. Supporting Documentation: Any relevant certificates, reports, or other documents supporting the notice

5. Calculation Schedule: For rent review notices, detailed calculations and comparable evidence

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




















Clauses


















Relevant Industries

Real Estate

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Financial Services

Professional Services

Manufacturing

Logistics

Technology

Entertainment

Food and Beverage

Relevant Teams

Legal

Real Estate

Operations

Finance

Compliance

Risk Management

Facilities Management

Property Management

Asset Management

Administration

Relevant Roles

Property Manager

Facility Manager

Real Estate Director

Commercial Property Lawyer

Legal Counsel

Operations Manager

Business Owner

Chief Financial Officer

Asset Manager

Lease Administrator

Property Portfolio Manager

Real Estate Agent

Commercial Director

Company Secretary

Risk Manager

Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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