A lease is a binding contract, often for years, and the organisation and sometimes its trustees will be liable for the rent and the repairs it contains. Before you sign, be clear about:
- the length of the lease, break clauses, and what happens at the end
- rent, rent reviews, service charges, rates relief and utilities
- who is responsible for repairs, and the condition of the building when you take it on
- what you are allowed to use the premises for, and whether you can sub-let or share
- insurance and any requirements of the landlord
Take legal advice on any lease that commits the organisation for more than a short period; the cost is small against the risk. Licences to occupy and room hire agreements can be a lighter alternative when you need space but not a long-term commitment. FVA lets office space and meeting rooms to third sector organisations in Fife.
Get in touch
Governance, funding, policies, legal structures and anything else about starting or running an organisation.
E-mail [email protected]
Telephone 0800 389 6046
