Drafting an Extension of Lease/Variation of Lease

WHAT’S IT FOR?

If you looking to extend your lease term, you’ll be required to negotiate and sign an Extension of Lease/Variation of Lease. An Extension of Lease/Variation of Lease creates binding legal obligations between you and the landlord that may last for many years. It covers important matters including the length of the extension 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. It is important you engage a lawyer to ensure you are appropriately protected.

WHAT’S INCLUDED?

We’ll prepare an Extension of Lease/Variation of Lease for your business and advise you on your legal rights and obligations.

This package includes:

• Preparing an Extension of Lease/Variation of Lease
• 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 document
• 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:

• Re-drafting or marking-up the document. If re-drafting or marking-up is required, we will provide a new quote.
• Assistance with registration of the extension of lease, or tax advice.
• Any direct negotiations or correspondence with the counter-party or their lawyers, or reviewing any responses from the counter-party or their lawyers to the list of requested changes. If you need further negotiation support or additional rounds of review, we will provide a new quote.
• Any employment, tax, accounting or other compliance issues.