A lease is a legally binding contract that sets out the rights and obligations of the owner of property (known as the landlord or lessor) and a third party that has agreed to occupy the property (known as the tenant or lessee) for a set term. It is very important that landlords and tenants fully understand their rights and obligations with respect to all aspects of a lease.
A commercial lease is used when leasing property used primarily for a business. In Western Australia, many commercial leases are regulated by the Commercial Tenancy (Retail Shops) Agreement Act (WA) 1985. That act regulates retail lease arrangements between landlords and tenants and outlines some of their rights and responsibilities in relation to leases. The act sets out extensive disclosure requirements for landlords, establishes a consistent and fair process for rent reviews and enhances security of tenure for, and the negotiating power of, tenants.
Rowe Bristol Lawyers is experienced in advising clients with respect to commercial leasing. We act for landlords, agents and tenants in all aspects of commercial leasing transactions including:
- preparing and reviewing lease agreements, disclosure statements, notices of election, notices to exercise a option and the tenant guide;
- negotiating and drafting the terms of lease agreements;
- providing advice in relation to the terms of lease agreements;
- enforcing the terms and conditions of lease agreements; and
- representing clients in lease disputes.
If you require legal advice in relation to ny leasing related matter, please do not hesitate to contact us to arrange a meeting so that we may consider your specific circumstances.
The above information is provided as general information only and should not be relied upon as legal advice. The accuracy of this information may have changed from the date when it was published.