Stay ahead: Key updates in the new ADLS lease document

Navigating the changes: What you need to know about the new ADLS lease document

Are you familiar with the latest ADLS lease document?

Understanding the changes in the Sixth Edition 2024, released in November last year, can help you avoid unexpected surprises when presented with a lease offer in this format.

While preparing a recent lease offer using the new ADLS form, I was struck by the number of changes introduced. These include new options regarding bank guarantees, rental bonds, mortgagee’s consent, and even the potential disclosure of a property's seismic rating.

If you want to stay informed and prepared when negotiating a lease under this new format, I can provide a copy highlighting the key changes. Simply call, text, email me or fill in our online form here: Contact me

Alternatively, Duncan Cotterill has published an insightful guide that breaks down the key updates. You can access it here: Read the Guide

As always, when dealing with lease documentation, it is best to seek professional legal advice from your solicitor.