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A commercial lease is an agreement/contract between a landlord and tenant outlining terms and conditions of property rental. A commercial lease is specifically for business and can include a variety of clauses, terms and conditions that need to be considered before signing.

Some can include:

  • The duration of the lease
  • Rent or rate increases
  • Outgoings such as rates, land tax, strata, management fees and water rates
  • Bonds
  • Repairs and maintenance
  • Re-entry Deeds
  • Insurance obligations and requirements
  • Market rent appraisal
  • Caveats on a title/property you are leasing  
  • Dispute Resolutions

There are many more variables that need to be considered when entering a commercial lease. It is wise to seek legal advice and we at JLM Conveyancing can help.