Version 1.3 of the Model Commercial Lease

Michael CallaghanMCL News

From today, amended versions of the Model Commercial Lease (MCL) suite of documents are now available on the MCL website.

The main changes are to simplify the alterations provisions.  The revised versions of the documents have been designated version 1.3.

The MCL Working Group is grateful to everyone who has provided comments and feedback.  Feedback will always be welcome.  Ideally please send comments in writing using the form on the Feedback/contact page on the MCL website.

Full details of the changes

A new page headed “February 2018 Changes” is now available on the Guidance section of the MCL website.  On that page, you will find links to

  • an explanatory note that highlights the changes that have been made and, where relevant, the reasons for making them. It will assist those who wish to make corresponding changes to documents that they have created on the MCL.
  • a PDF document that shows the changes that have been made to the text of the lease for a shopping centre unit (MCL-RETAIL-07).

Downloading older versions of the MCL documents

  • The original versions of the MCL documents are still available and will continue to be available for the foreseeable future. They can be downloaded by clicking on the link “All versions” which appears to the right of the document’s number.
  • The updated version of each MCL document can be downloaded by clicking on its number on the relevant page on the MCL website (for example, MCL-OFFICE-01 for the lease of a whole office building).

Michael CallaghanAmended versions o

Michael CallaghanVersion 1.3 of the Model Commercial Lease