Aqqord

TRADITIONALLY When a landlord and tenant agree heads of terms on a commercial lease, they each instruct a solicitor to represent their position. The landlord’s solicitor drafts a lease that is weighted heavily in favour of the landlord. The tenant’s solicitor then proposes changes that favour the tenant. The solicitors continue to negotiate until a draft that’s agreeable to all parties is finalised. This legal wrangling can sometimes take weeks or even months to conclude. Meanwhile, the tenant is waiting, desperate to start using the premises for their business. While the landlord is waiting to receive rental income. AT AQQORD We have introduced a revolutionary method of creating commercial leases that’s much quicker. We’ve reversed the traditional method. Instead of negotiating the legal drafting, we’ve resolved all possible legal disputes in advance. Our solicitors have drawn on decades of experience to compile an exhaustive list of commercial terms that are typically negotiated between landlord and tenant. The legal drafting for each term is negotiated and agreed by a solicitor representing the landlord’s position and another representing the tenant’s position. So, because all legal wrangling has been completed and agreed in advance. The landlord and tenant can quickly negotiate and agree commercial terms online. Then, with a click of a button, in just a few minutes a fair lease is created that’s acceptable to all parties. Great news for tenants and landlords. WHAT WE COVER Negotiate retail, office and industrial/logistics leases (of whole or part). All leases are legally binding and include full PI cover. NO LEASE – NO FEE There is nothing to pay until you are ready to sign and complete your lease. You can register, agree all the commercial terms on a lease and preview a draft version, all at no charge. When you are ready to complete, the fee split can be negotiated between the parties, so that each party can pay all or part of the total fee due.