Property Law

Commercial and retail 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.