Description
The Model Commercial Lease (MCL) suite of documents comprises various template commercial leases and associated documents. They are available for anyone to download from this website, without charge.
Users can then customise them to their particular requirements, or incorporate text from them into their own documents.
Different versions of MCL leases are available to suit different types of commercial buildings such as offices, shops, shopping centre units and industrial/logistics units. A full list of MCL documents is contained on the All Documents page but the simplest way to reach the current version of each document is via the “Leases” and “Asset Management” links in the menu at the top of the screen.
The MCL is a client-led project. It was originally commissioned by the British Property Federation. A large number of well-known law firms, clients and trade organisations have been represented on the working group that produced the documents, or taken part in extensive informal consultations.
The MCL is intended to avoid much of the unnecessary negotiation on most routine letting transactions by representing a fair starting (and, in many cases, end) point for both parties.
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