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PROPERTY LAW
Retail and Commercial Leasing
 If you are either leasing your commercial or retail premises out to a third party or considering taking a lease of commercial or retail premises, we can assist you.
In addition to ensuring you comply with the applicable legislative requirements, whether that be for retail leasing or commercial leasing, there are also a number of risks to you in leasing that need to be considered. In our experience, one often ill-advised area of leasing is ensuring that any lease terms are not inconsistent with your insurance arrangements and that the lease terms do not make you assume responsibility in a situation where your insurer will not cover you for that responsibility.
We find many situations in where clients have failed to (or not been properly advised to) give adequate consideration to the many obligations they assume in a lease and the fact that their insurance will not cover them for those obligations. If the lease terms are inconsistent with the insurance arrangements or inadequate insurance is obtained, the situation where a tenant must “dip into their pockets” to pay out obligations to the landlord, can arise.
Don’t get caught!!
Speak with us to ensure that you do not assume unnecessary risk in your lease.
Sale & Acquisition of Commercial/Retail Property and Development Sites.
We can assist with the preparation and negotiation of agreements for the sale or purchase of commercial/retail property and development sites, with such agreements incorporating complex development approval conditions or proceeding through the use of Put and Call Option Agreements (which option agreements can include nomination provisions for the nomination of the benefit of the option agreement to third parties, thereby reducing unnecessary stamp duty).
Off the plan contracts
We can prepare and administer off the plan contracts for your proposed developments, including staged developments and multi-layered schemes and incorporating:
- Contract Schedule and relevant Special Conditions
- Disclosure Statement
- Community Management Statement
- Caretaking Agreement
- Letting Agreement
- All other Land Sale Act and Body Corporate and Community Management Act requirements.
Contact us to arrange an appointment |