Reviewing a Commercial Lease

  • I want to speak to a Commercial Leasing lawyer. Call us on 1300 544 755.
  • Do you need a Commercial Lease Agreement? Search here for legal documents.
  • Are you looking for information on commercial lease agreements? Click here for legal information.
satisifed
Working with LegalVision we knew we were getting top quality legal services. Rebecca Butler, Start-up Founder, Melbourne

Key areas

5 things you need to know about Reviewing a Commercial Lease

  1. If you start a new venture or grow as a business it’s likely you will need commercial premises. Paying rent generally makes up a large percentage of a small business’s expenses, so it’s important that you enter into a commercial lease agreement on terms which work for you and your businesses.
  2. The main issues you’ll want to negotiate when deciding on whether to enter into commercial lease agreement include the rental amount, a rent free period, an option period to extend the lease, what the premises can be used for, whether you can sub-lease the premises, and how any increases in the rent will be calculated.
  3. It is likely the landlord will require either an amount of bond to be set aside, or a guarantee of some kind to be offered. It’s highly recommended that you avoid providing a personal guarantee if possible.
  4. The legal requirements around commercial leasing vary from state to state, so it’s important that you work with a lawyer who has experience reviewing commercial leases from the state you’re in.
  5. Finally, don’t be rushed into signing a commercial lease agreement. A commercial lease agreement is a legal obligation that generally goes for several years.  Work with an experienced lawyer to ensure any legal traps are discovered and ensure you are able to sub-lease the premises should you wish to do so.
Our Reviewing a Commercial Lease Lawyers
Ursula Hogben Key Focus:

Commercial Law, Contract Law, Information Technology And Online Law, Intellectual Property, Capital Raising Law

Experience:

Bank of America Merrill Lynch, Baker & McKenzie, Hogben Group

Emma Jervis Key Focus:

Employment, Franchises, Business And Commercial, Litigation

Experience:

Clinch Neville Long, McCabes, Neville & Hourn

See all of our Reviewing a Commercial Lease lawyers See our full range of specialist lawyers