Deed of Variation of a Lease Agreement

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2
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Document Overview

A Deed of Variation of a Lease Agreement is a formal legal document executed by both the landlord (lessor) and tenant (lessee) to change one or more terms of an existing lease without having to create a completely new lease. It is signed as a deed (with witnesses) and, where necessary, registered at the Lands Registry so that the variations are legally recognized and enforceable.

The purpose of a Deed of Variation is to:

1. Update or modify terms of an existing lease, such as rent, duration, service charges, renewal rights, or permitted use.
2. Avoid terminating the lease and creating a new one — saving time, costs, and paperwork.
3. Ensure legal enforceability of the agreed changes between landlord and tenant.
4. Maintain continuity of the original lease while adjusting only the terms that need change.
5. Provide clarity and certainty for both parties, reducing the risk of disputes in future.
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