Leasing (Commercial & Residential)
Taylor & Scott Lawyers can help you with all your residential and commercial leases. We provide expert legal advice in the following areas of leasing:
Residential leases
The residential tenancy agreement lease is between the tenant and landlord. The Residential Tenancies Act 1987 and the Landlord and Tenant (Rental Bonds) Act 1977 govern residential leases.
Commercial leases
A lease for business or commercial purposes. The Retail Lease Act governs certain types of commercial leases.
What you should do with commercial and residential leases
Before signing, you must be given a written copy of the lease and a list of the costs that you will need to pay. It is always important to check:
- the amount of rent or bond money
- the term of the lease
- if any trades people are nominated on the lease to call in case of an urgent repair (for residential properties)
How will Taylor & Scott help me with my lease?
Our experienced and professional solicitors can help you:
Negotiate the terms of the lease whether you're a lessee or landlord
Common issues negotiated are the term of the lease, the amount and frequency of the rent, details of the tenants' responsibility for the property outgoings and permitted uses of the property.
Prepare the lease
Taylor & Scott lawyers can draft a lease that reflects the accurate condition of the property. For commercial leases under the Retail Leases Act, a lessor cannot seek or accept payment for lease preparation costs.
Review a lease
Our lawyers can review a lease to ensure you fully understand all your rights and obligations. You can ask us any questions on points you do not understand. We can assist in having the lease changed to include any special conditions. The lessee normally bears the costs involved for amending a lease.
Registering a commercial lease
In NSW, if the lease period exceeds three years including any options, a memorandum of the lease needs to be prepared and registered with the Land Titles Office. Our experienced lawyers are more than happy to assist you in this step.
Know the facts
We can find out if you, as the owner of rented residential property, are liable for land tax.
Strengthen your business
Taylor & Scott's services don't just stop at the lease. We can help you choose an appropriate business structure, business names, contracts and agreements, negotiating the lease, insurance claims and representing your interests in dispute resolutions with authorities or other businesses.
A solicitor can check though a commercial lease, but a good solicitor is aware of the economic and legal environment affecting your business. At Taylor & Scott, we work closely with you and your business needs so we can address the areas that require legal attention before any problems arise.
Call Taylor & Scott on (02) 9265 2500
Taylor & Scott provide professional legal advice on residential and commercial leases, we can answer any of your queries–no matter how big or small.
