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Model clauses

John Martin comments on the long-awaited final version of the BPF and BCO model lease clauses

14 March 2003

The benefits of standardisation of legal documents in common use have long been recognised. One of the more compelling reasons for standard forms is saving professional time during the drafting and negotiating stages, and the consequential reduction in fees. Equally well recognised, however, are the difficulties of devising forms capable of wide acceptance. The British Property Federation (BPF) has consistently involved itself in the move to standardisation, initially producing a series of construction collateral warranties and then its own form of short-term commercial lease. It has also supported the City of London Law Society in producing a comprehensive set of commercial property standard enquires. Current initiative In 2000, the BPF and the British Council for Offices (BCO) produced a set of model clauses for use in commercial leases. A consultation document was published in June 2000 by the two bodies setting out draft lease clauses with a summary and a deta...

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