$1650 + GST
SMSF COMMERCIAL LEASE
WHAT’S IT FOR?
An SMSF Commercial Lease Agreement sets out the rights and obligations of the owner of a commercial property (the SMSF) and another party that has agreed to occupy the property (known as the tenant or lessee). It covers important matters including the length of the lease, termination rights, defects management, outgoings, fit-out works, limits on use of the premises, sub-letting, and other rights and responsibilities of the landlord and tenant. Additionally, the Commercial Lease Agreement must comply with superannuation rules.
We’ll prepare a Commercial Lease (SMSF) for your business and advise you on your legal rights and obligations.
This package includes:
- Preparing the Commercial Lease (SMSF) and disclosure statement
- Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the documents
- 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft
Please note that this package does not include assistance with stamp duty (if applicable), registration of the lease, tax, accounting or financial advice, or any direct negotiations or correspondence with the tenant or their lawyers. You are ultimately responsible for ensuring that the lease complies with any rules relevant to your SMSF and is capable of passing an audit. This scope also assumes that the transaction does not involve any employment, tax, accounting or other compliance issues.
Please also note that we will act for the SMSF (as landlord) in preparing this package rather than the party or related party that the SMSF is leasing to.