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COMMERCIAL LEASES

A commercial lease is a legally binding contract between a landlord and a business tenant granting the tenant rights to use the commercial property for a specified period in exchange for rent.  Commercial leases are required for certain categories of premises such as a warehouse, industrial site or an office in a commercial building with no retail activity.  The distinction (as compared to a retail shop lease) is in the use of the premises and if any form of buying and selling to the public is to take place at the premises.

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Drafting lease $470 / hour plus GST

  • Drafting the commercial lease

  • Assisting in the execution of the commercial lease

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Lease review from $470 / hour plus GST 

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​​We can review the following documents and advise you in relation to key and unusual terms:  

  • Lease

  • Agreement for lease

  • Incentive deed

  • Deed of extension

  • Deed of assignment

  • Surrender of lease

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Additional services and fees:

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  • Assisting in the negotiation of the lease - $470 / round of negotiation

  • Drafting an agreement for lease - $750

  • Drafting an incentive deed - $470

  • Drafting a deed of extension, assignment or surrender of lease - $470

  • Registering the lease or a lessee's caveat with Landgate (as applicable) - $470

 

Fees exclude GST, excludes disbursements such as searches and Landgate fees.

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Commercial Leases: Practices

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