Now in its second edition, this successful text offers practical advice and solutions in the complex area of commercial conveyancing and property. It provides detailed explanations of the structure and content of the modern business lease, including rent review, lease covenants, and service charges, and includes a point-by-point study of the termination and renewal procedures with reference to the relevant legislative covenants. Remedies are also considered, including forfeiture and the enforcement of leasehold covenants, and the authors provide a thorough evaluation of property development issues, including land acquisition, contaminated land issues, planning, construction, and finance. This edition embraces important developments in commercial property law and practice over the last two years, including the impact of important cases and statutes, such as the Land Registration Act 2002. The authors also examine the updated Code of Practice for Commercial Leases, which is gaining significance, both in the negotiation of new leases and for dealings between the parties during the lease term.