Commercial Lease Review

Our team of experienced lawyers can assist you with reviewing a commercial lease.

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Commercial Lease Review

A commercial lease outlines the agreement between a landlord and a tenant.

If you’re looking at leasing a premises for your business, there are some legal steps to consider:

  1. Heads of agreement: It is common for tenants and landlords (usually through the landlord’s real estate agent) to negotiate the key terms through a short 1-2 page document called a “heads of agreement” or something similar.
  2. Negotiating key terms: Typically the heads of agreement will be used to settle the key commercial terms, such as the rental amount, how rent increases will be calculated, any rent free periods, the term of the rent, any extension periods and what the premises can be used for.
  3. Finalising the lease: The commercial terms will then be set out in a longer document drafted by the lawyers. This document is the lease. The lease creates the legal and binding relationship between you and the landlord.

Our lawyers can help you negotiate your terms, as well as assist with transferring leases and rental obligations.

We have a range of fixed fee Commercial Lease packages. Get started now!

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