An agreement for lease conditional on planning is a legal document that outlines the terms and conditions of a lease agreement, which is dependent on the successful planning approval of a property development project.

To secure a lease agreement for a new commercial or residential development, it is often necessary for the developer to obtain planning permission from the relevant local council or planning authority. In some cases, this approval may take several months or even years to obtain, which can create uncertainty for both the developer and potential tenants.

An agreement for lease conditional on planning is designed to address this uncertainty by setting out clear conditions that must be met before the lease agreement can be signed and the development can proceed. Typically, the document will specify the details of the proposed development, the conditions that must be met for planning permission to be granted, and a timeline for the developer to obtain the necessary approvals.

Once the conditions are met, the lease agreement can be signed, and the tenant can begin preparing the premises for occupation. This provides certainty for both parties, as the developer knows that they have a tenant committed to the property, and the tenant has clarity around the conditions that must be met for the development to proceed.

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In conclusion, an agreement for lease conditional on planning is an important legal document that can help to provide clarity and certainty for property developers and tenants alike. By understanding the key terms and conditions of this document, and by using relevant keywords and phrases in your content, you can help to ensure that your online resources are informative, authoritative, and easily discoverable by those searching for information on this topic.