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Clarilis Real Estate Plus is a comprehensive suite of deeply automated commercial real estate documents comprised of industry standard documentation and curated content from international law firm Gowling WLG.
This off-the-shelf solution provides deep automation of documents frequently used by commercial real estate teams - covering sales, full lease lifecycle, short-term occupation, options, pre-emptions, and construction.
The Sale Suite contains five types of contract for use with vacant and tenanted properties, including for portfolio transactions. A Land Registry transfer deed can be drafted alongside, with a choice of clauses in the TP1 form to deal with common situations e.g. rights of way and services. The suite also includes optional deeds of assignment for benefits such as rent deposits and warranties
The New Lease Suite contains the most commonly used documents for the grant of a new lease. It includes an Agreement for Lease, both of the standard forms of MCL Lease and a shorter form Renewal Lease by Reference, as well as various ancillary documents to cover alterations, rent deposits, ancillary occupation and exclusion of security of tenure.
The Asset Management Suite contains documents needed for transactions during the term of a lease. It includes Licences for assignment, underletting, change of use, and alterations, together with a framework Deed of Variation.
The Surrender Suite drafts all documents required for surrendering a tenancy including an optional Agreement to Surrender and the deed of surrender in both document and Land Registry Transfer formats.
The Occupational Arrangements Suite contains a set of documents covering different forms of short-term or ancillary occupation. It includes, for example, a Tenancy at Will and Licence to Park, amongst others.
The Security of Tenure Suite enables standalone drafting of 1954 Act papers both for the grant of a new lease and an agreement to surrender an existing lease with security of tenure.
The Options and Pre-Emptions Suite drafts an option or pre-emption of whole or part of a property, including wording for fixed price or market valuation determination of option price, with an accompanying transfer deed if required.
The Construction/Collateral Warranties Suite currently contains simple forms of Collateral Warranty to be issued by a Consultant or Contractor to a Tenant of a property.
“I wish I’d had this available when I was practising, I could have avoided the mundane drafting and concentrated on the elements of the transaction that I enjoyed, trained for, and which added value.”
Charlotte Dwight, Senior Real Estate PSL, Clarilis
Clarilis Real Estate Plus
Clarilis Real Estate plus contains precedents from both the MCL drafting committee (with representation from a wide range of top tier commercial real estate practices) and Gowling WLG (who is also a member of the MCL committee).
Gowling WLG has drafted the additional precedents contained within Real Estate Plus:
Real Estate Plus includes Clarilis Styling, which enables firms to extensively customise the styling of documents drafted, whilst maintaining all of the benefits of centrally maintained content and automation.
Clarilis Styling goes way beyond changing the logo, font typeface and size. There are nearly a hundred different content and styling parameters which Clarilis will configure for you as part of the onboarding process.
Where required, bespoke house styling is also available to 100% match your firm’s house style (available to larger firms on request).
Clarilis Real Estate Plus includes all of Clarilis’ automated MCL content, together with:
Clarilis fully maintains the automation and applies changes to the content as and when content providers update the underlying documents. This includes all updates from the MCL drafting committee and Gowling WLG updates to reflect a fair market view.
Real Estate Plus will be evolved continually in line with the requirements of the commercial real estate market.
No, the core Clarilis MCL Lease and Asset Management suites are still available to purchase without the additional content.
Yes. Please speak to your Clarilis Account Manager or email us at enquiries@clarilis.com.
