Why do I need a Deed of Variation of Lease?
If a tenant and landlord have agreed on changes to an existing lease, this should be clearly documented in a written Deed of Variation of Lease to avoid any misunderstandings and future disputes. On Your Terms’ Deed of Variation of Lease includes optional common lease variations to choose from, and the ability to include your own specific variations (if required).
Save time, money and stress using an On Your Terms Deed of Variation of Lease to get your specific arrangement clearly documented and enforceable in New Zealand.
Who’s this Deed of Variation of Lease for?
Any business owner tenant or landlord agreeing to variations to a lease.
What’s in this Deed of Variation of Lease?
NZ lawyers have designed this Deed of Variation of Lease for NZ business. It is simple, short, easy to understand, without unnecessary legalese and fair to both sides.
The Deed of Variation of Lease contains a number of optional typical variations to commercial leases in New Zealand, being an extension of the current lease term, an increase in the number of rights of renewal, a reduction in the current lease term, a variation to rent or a change to the frequency of any rent reviews (or review process). There is also an option for you to insert specific variations unique to your circumstances. The guarantor(s) of the tenant (if any) provide their consent to the lease variations.
How long will it take to create my document?
Approximately 5-10 minutes – quicker than making your next coffee! During the Q&A you can save your progress to come back later, or repeat the Q&A to change an answer or produce a new version of a document.
What information do I need to complete the Q&A?
- The name and contact details of the tenant, landlord, and any guarantor(s)
- Details of the premises and the lease, and the variation date
- The agreed variations to the lease
What if I need help?
On Your Terms has teamed up with Luminate Legal to offer its customers the option of obtaining legal advice from a lawyer to provide extra assurance and peace of mind. If you would like to ask a lawyer some quick questions about your document (or your responses to the Q&A), or have your document reviewed/edited by a lawyer, click here to view and select Luminate Legal's packages and fixed-fee pricing exclusively for On Your Terms customers.
What do I do once my Deed of Variation of Lease is created?
The Deed of Variation of Lease is ready to sign as soon as you have downloaded it. All parties must sign it to ensure it’s legally enforceable. If you need help with how to sign the Deed of Variation of Lease, read our helpful blog: Who can sign legal documents in New Zealand?
Other helpful information:
- Read our helpful blogs: Commercial lease agreements in New Zealand, Sublease or Property Licence?, Help: How can I get out of my business lease early?
- You may find these bundles or documents useful for your business: Property Licence, Commercial Sublease Agreement, Deed of Surrender of Lease, Agreement to Lease and Deed of Renewal of Lease
- Check out our FAQs here
If you’re unsure whether this agreement is what you need, reach out to us at hello@onyourterms.co.nz – we’re happy to help!
If you’re not satisfied with your purchase of this product for any reason, let us know why within 10 days of your purchase and we’ll work with you to make sure you’re happy, including giving you a full refund if necessary.
Disclaimer: On Your Terms was created to provide fast, easy and affordable access to legal information and documentation. We are not a law firm and do not provide legal advice. The information and documents we provide are of a general nature, designed for common situations, and may not be suitable for your needs or circumstances. If you need legal advice, we have a network of specialist law firm partners able to help you here.