Real estate update: Heads of terms

A well drafted set of heads of terms will help the transaction run smoothly and avoid unnecessary commercial discussions and delays down the line.

Heads of terms set out the key commercial terms that have been agreed between the parties. But what can you expect in heads of terms?

To help your transaction run smoothly, we lay out the key terms you would expect for a lease transaction for a floor of an office block.

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This information is necessarily of a general nature and doesn’t constitute legal advice. This is not a substitute for formal legal advice, given in the context of full information under an engagement with Bates Wells.

All content on this page is correct as of March 1, 2021.