Agreement for ongoing hire of part of premises by a sole trader
This agreement typically includes key details such as the duration of the hire, payment terms, and permitted use of the hired space. It serves to protect both parties by defining expectations, handling usage disputes, and outlining any consequences of non-compliance with the agreement's terms.
Furthermore, this document helps in delineating any maintenance or repair responsibilities, ensuring the hired space is kept in good condition. By clearly specifying all relevant terms and conditions, it minimizes the potential for misunderstandings and enhances the smooth operation of business activities.
The "Premises Hire (Part): Ongoing Agreement with Sole Trader" is designed for businesses and property owners who wish to rent out a portion of their premises to a sole trader on a continuing basis. This agreement is essential for establishing clear terms and conditions regarding the use of the rented space, ensuring both parties understand their rights and obligations.
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