About Commercial Leases
When signing a commercial lease, you are entering into a financial contract that requires you to act in accordance with a range of obligations and responsibilities.
It is important to properly negotiate with the other party before you sign the lease.
When a lease is signed, it is important to remember that you are locked into a long-term relationship with the other party and are also sealed into the terms and conditions stipulated in the agreement.
The NSW government advises small businesses to determine if they will have to pay for:
- Additional outgoings, such as insurance and rates;
- Repairs to damaged property, including car parks;
- Maintenance of the property, including fixtures and fittings.
In this respect, Russell as a property lawyer will review, advise and amend the contract to ensure that your needs are met.