It is not particularly difficult to identify whether there is a current lease on the property or not. The difficulty arises in determining the nature and terms of the lease, the length of the lease and ensuring that tenure is secured. If you are looking to purchase a commercial or industrial property (in which a business is to be run from), security of tenure may be a very important consideration.
Our Conveyancing Solicitors and Commercial Lawyers can help you ensure that the length, nature and terms of the lease are appropriate to your situation and in conformity with the law. Our Conveyancing Solicitors and Commercial Lawyers can also assist in answering any other questions you may have, including:-
- Is the incoming mortgagee (lender) required to know about the lease?
- Is the lease registered? And if not, does it need to be registered?
- How is a current lease transferred to the new owner?
We can also help with the preparation of a new lease which is tailored to meet your needs and expectations if so required.
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.
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