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Getting out of a Lease
10. Avoiding Disputes
It is not always possible to avoid disputes, but you can take steps to minimise the risks.
10.1 Ensure you understand and agree with all the clauses in the lease before signing it.
- Use a professional adviser to explain all the terms and obligations.
- Ensure you do not breach any of the terms in the lease and follow the correct procedures when exercising your rights
10.2 Agree a procedure for resolving disputes. Get it included in the lease before you sign.
You can agree how formal the procedures should be and who should act as the arbitrator or mediator.
- It can be cheaper, quicker and more flexible to resolve disputes this way.
- Ask your Trade Association if there is an arbitration scheme for your industry.
- Contact the Chartered Institute of Arbitrators (020 7421 7444).
- Some courts offer mediation facilities.
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