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Heads of Agreement - Do you know what you are getting into?

Posted on Friday 3rd February 2017

A "Heads of Agreement" sets out the commercial terms of a proposed Lease, and is often entered into between prospective Tenants and Landlords during lease negotiations. Such an agreement may be effective to create a framework for the parties to negotiate a final Lease, and to provide a level of confidence that the parties are committed to negotiations and that a deal is likely - but do you know what you are getting into?

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