For a lessor, a lease is a valuable investment that can increase the value of property, provide rental income and provide access to certain tax benefits. For a lessee, a lease is an asset that can form an integral part of their business. Lease agreements are crucial to both parties, and must be drafted with care, precision, and address the matters relevant to both the lessor and lessee. A well drafted lease by a Sydney Commercial Lawyer will account for contingencies and preconceived issues that may arise. For example, a lease might address, amongst other things and where appropriate:-
- The care and maintenance of the property
- The payment of rent and how the rent is proposed to increase
- Restrictions on the use of the property
- Rights to enjoyment and private use of the property
- Repairs to the property
- Insurance required to be maintained
There are a diverse range of other legal matters that are conjunct with lease agreements. Regardless of whether you are a lessor or proposed lessee, it is crucial to seek the expert advice of a Commercial Solicitor. Our Commercial Solicitors have experience dealing with complicated lease matters with large corporations. Contact our office and arrange an appointment with an experienced Commercial Solicitor today.
Other than our head office in Sydney CBD, we also have branch offices in Parramatta, Hurstville, Liverpool, Campbelltown, North Sydney, Gordon and Baulkham Hills. For a full list of our office locations, with complete addresses, click on our Locations tab above or contact our main office line on (02) 9233 4048.
Comments (0)
Add a Comment