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Leases Retail

The Law Company has extensive experience in acting for both landlords and tenants of retail leases and dispute resolution and mediation on leasing issues.

For landlords, we offer expertise in:

• preparation and negotiations of lease agreements for retail premises including premises in shopping complexes
• preparation and negotiations of licence agreements for retail premises
• preparation of landlord's disclosure statements for retail premises
• advising on lease administration

For tenants, we can assist in various aspects including:

• negotiations of lease agreements for retail premises
• liaising with landlords and negotiations in assignment of lease situations
• reviewing landlord's disclosure statements

We can advise on associated matters such as whether there are any parking rights and also any Body Corporate responsibilities (if applicable).

We can review and negotiate your retail lease so that you have certainty with regard to the key terms along with the comfort that there no "hidden" terms that will later become detrimental to your business.

Amongst other things, you should consider:

• the initial rent and method of increasing the rent;
• your ability to transfer or assign the lease, and the expense of doing so;
• the possibility of subletting the premises;
• your rights to end the lease if the premises is damaged or destroyed;
• duration of the lease and your right to renew it;
• who pays for outgoing and other charges;
• the types of insurance required and who contains it;
• the consequences of failing to pay rent; and
• ways of resolving disputes.

Michael McHugh BA LLB (Hons) is an Accredited Specialist in Property Law.

Call The Law Company on 1800 NSW LAW.

For more information or if you have a question on Leases Retail please contact us via our enquiry form.

The information provided here should not be acted upon without first consulting with the professionals at The Law Company who are experienced in this field and will then have an opportunity of understanding of your particular circumstances.