In commercial property a Tenant may require certain alterations to the property they occupy under a lease. To carry out these alterations, the Tenant will likely need the consent of the Landlord. This consent will be documented in a Licence for Alterations.
Understanding commercial property leases and construction is essential. For a Landlord, a Licence for Alterations is important to ensure that all works carried out to their property are accurately recorded to ensure future reinstatement is correctly interpreted. For a Tenant it is similarly important to ensure good quality documentation is appended to the Licence to protect against dilapidations disputes at lease end and ensure compliance with the lease obligations during the term.