Legal and General Property Launches Green Leases

Published by Environmental Leader on Tuesday, 27 September 2011
Legal & General Property has amended its standard lease format to include ‘green’ clauses.

The U.K.-based property fund manager has issued a memorandum of green lease principles – including clauses relating to the use of environmental contractors and upholding energy performance certificates – that will now be considered whenever it drafts a standard lease.

Additional conditions set out …

Tags: contractors, environment, green lease, leases, lender, mortgage

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