Agreement for A Lease in United Kingdom

Definition of Agreement For A Lease

In accordance with the work A Dictionary of Law, this is a description of Agreement For A Lease : A contract to enter into a *lease. Special rules govern the creation of such a contract. Before 27 September 1989, a contract to grant a lease was unenforceable unless it was evidenced in writing, or evidenced by a sufficient act of *part performance (such as entering onto the property and paying rent). Since 27 September 1989, a contract to grant a lease for not more than three years may be made orally or by any kind of written agreement. A contract to grant a longer lease must be in writing, incorporating all the terms of the agreement, and signed by the parties. A contract that does not comply with these requirements is wholly void and can no longer be evidenced by part performance.