Galluzzo LawyersFREQUENTLY ASKED QUESTIONS
Leases
COMMERCIAL INDUSTRIAL RETAIL
Whether you are a landlord or tenant, you will need a lawyer to make sure the commercial lease terms are suitable and advantageous to your desired use of the premises. We offer a comprehensive commercial lease which we have hand-tailored over decades to ensure comprehensive rights and effective default provisions. We can also provide bespoke commercial lease arrangements to ensure both lessors and lessees have their interests protected.
With the exception of retail leases which are subject to strict regulations, commercial leases are highly negotiable, and Galluzzo Lawyers will guide you every step of the way in preparing and negotiating a lease suitable to your needs
Typical terms and conditions often cover:
- How long the lease lasts and whether it can be renewed;
- The amount of rent, outgoings and the rent review mechanisms;
- Who is responsible for maintenance, repairs and structural works;
- Both the Lessor and Lessee’s obligations;
- The circumstances in which the landlord may access the premises;
- How to deal with a breach of the lease and grounds for termination;
- Restrictions on subleasing;
- A lessee’s obligation to “make good” the premises at the end of the lease;
- Insurance, indemnity and liability for damage;
- The rights of both parties if the Lessor wants to renovate or redevelop the premises;
- Bank guarantees and security deposits; and
- A form of dispute resolution mechanism.
Frequently Asked Questions
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