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Agreements for Lease
In Brief Where the parties are not ready to enter into a lease for some reason (such as that the premises are under construction or the Landlord must carry out works to make the premises ready for occupation by the tenant), an Agreement for Lease may be desirable (or essential) to protect the interests of both parties.
Commercial Leases
Leases are usually necessarily long documents intended to govern a medium to long term relationship, and all provisions are important, but there are some provisions that can really trip up landlords and tenants if they aren’t well drafted and both parties have a firm understanding of how they operate.
Lease Or Licence
In Brief Pay attention to the most appropriate form of tenure – is it a lease (exclusive possession by the occupier), or a licence (appropriate for shared spaces/pop ups in common areas/some short-term occupancies).
Retail and Business Tenancies – Obligations of Landlord and Tenant
In Brief Retail Tenancies Legislation applies to tenancy agreements whether the agreement is a lease or a licence. There are a number of obligations that must be adhered to before the parties have reached agreement on the terms of the lease and the tenant has moved in.
Retail and Business Tenancies – Special Rules
In Brief This legislation was put in place to provide certainty of terms of retail tenancy agreements and protection for tenants operating in retail settings. The legislation applies to all kinds of agreements that grant occupancy rights to a tenant where the premises is of a type caught by the legislation (not just leases).