Chapter 12 Example of a real-life leasehold agreement

Questions for students to consider

1. Looking at the Sample Tenancy Agreement, can you spot the leasehold covenants in this document?
2. Looking at the Sample Tenancy Agreement, can you identify covenants relating to money in this document?
3. Looking at the Sample Tenancy Agreement, can you identify any non-money covenants in this document?

Suggested Answers

1. The document is full of leasehold covenants! I am sure you spotted lots.
2. There are leasehold covenants here relating to the payment of rent; the consequences of not paying rent and the requirement for the tenant to pay all utilities to name but a few.
3. There are many leaseholds covenants here relating to non-money matters. Key among them: covenant against sub-letting or assignment; damage to the property by the tenant (as a ground for terminating the lease); covenant to keep the property in good repair; not to engage in any illegal trade or activity; that the tenant must obtain the landlord’s consent before making alterations to the property (as listed in the agreement).

Final thought: Did any of the covenants surprise you? Did you expect the tenancy agreement to be so fulsome and thorough in its terms? How does this tenancy agreement compare to those you yourself may have/have had or those of friends?