Recognised Deeds
| Deed | What it does |
|---|---|
| Licence to alter | Landlord consent for tenant alterations |
| Deed of variation | Amends an existing lease |
| Rent review memorandum | Records a rent review outcome |
| Assignment | Transfers a lease from assignor to assignee |
| Surrender | Tenant returns the lease to the landlord |
| Wayleave | Grants access for utilities or cabling |
| TR1 | HM Land Registry transfer of whole — a freehold/title transfer |
What’s Extracted
For each deed, Proprietas pulls the parties, the effective date, the premises it concerns, the original lease date it relates to, and a one-paragraph plain-English summary of the operative clause — so you can see what a deed does without reading all of it. TR1 transfers additionally capture the title number and the consideration (purchase price), because a land-registry transfer is about the title, not a tenancy.Why It Matters
Keeping deeds beside the lease means a break notice, a varied rent or a change of tenant is never a surprise buried in a separate folder. When you assign or vary a lease, the chain is intact — useful for portfolio diligence and for proving the current position to a buyer or auditor.Lease intelligence
Back to how leases themselves are read.