Commercial leasing can be a time-consuming process. It’s important to have an experienced and knowledgeable commercial lease lawyer by your side. Whether you’re a landlord looking to lease out a property, or a tenant seeking to rent a commercial space, we can help.
Prosper Law provides comprehensive legal advice and representation to clients for commercial leasing transactions. Our lawyers can guide you through every step of the leasing process. From negotiating the terms of a commercial or retail lease to resolving disputes, contact our team for legal advice.
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Commercial leases need to be reviewed and negotiated. To enable lessors and lessees to agree to the main terms of the lease, they often enter into an agreement for lease. This is also known as a heads of agreement.
A commercial lease is generally prepared by the lessor’s solicitors. Those terms will allocate risk between the lessor and lessee. They commonly address matters such as insurance, make good obligations and rent reviews.
It is important to engage an experienced lawyer to review and negotiate lease terms. Leases are binding contractual agreements and often apply for several years.
Negotiating lease terms can lead to fairer contract terms. For example, make good obligations may need to be adjusted and lessees may want to consider charges for outgoings. It is also important for commercial leases to accurately reflect the agreement for lease.
Get in touch with Prosper Law’s construction lawyers
to talk through your next contract, claim, or dispute.
Our lawyers have worked in building and construction throughout their careers, across Australia, New Zealand, the Middle East, and the UK. We understand the industry, speak your language, and take a commercial approach to legal advice.
Our fixed fee model means you get first-class legal support at a transparent price. No surprises.
Our commercial lease review services are aimed to answer your questions. We will also address the following lease terms and issues:
Our services take into account any business or operationally critical terms. For example, if the success of your business is reliant on competitors not being allowed to lease too close to you, this should be added to the lease. You may also require the option to expand the footprint of your commercial lease in the expectation of growing your business.
If you are a tenant and want to sublease your rented property, we can draft sublease documents. A sublease needs to be prepared by professional commercial lease lawyers.
Any obligations that are placed on you by the lessor need to be passed down to the subtenant. Further, your costs for the sublease should be paid for by the subtenant.
We can assist in drafting and reviewing commercial and retail leases. Our lease reviews take into account the type of property, the length of the lease, and any special requirements or restrictions.
We will also answer any questions you have regarding the lease terms.
Commercial leases often apply to a leasing arrangement for several years. Over this time, the commercial rental market will change and so may the rent that you are required to pay. You may also have invested in upgrading the commercial space to suit your business.
Given the significant investment you will be required to make and the impact a lease may have on the success of your business, a commercial lease review can provide peace of mind for a low cost.
Even if commercial lease terms are not able to be changed, a review will make you aware of your rights and obligations. This will ensure that if you do proceed with the lease, you will be fully informed going into the transaction.
We are a fixed fee law firm and will provide you with an upfront fixed fee price.
Prices vary depending on whether you need commercial lease agreements drafted from scratch or documents for retail leases. You can expect to pay between $550 to $4,500 plus GST for legal services from an experienced commercial lease lawyer.
Yes, our legal team helps landlords and tenants with issues relating to lease agreements and leased property. If you have a dispute, contact our team today and find out how we can help you.
Get in touch with Prosper Law’s construction lawyers to talk
through your next contract, claim, or dispute.
