Lawyers Specialising In Commercial & Retail Leasing

Lawyers Specialising In Commercial & Retail Leasing

Overview

Starting, expanding, or relocating your retail premises is a significant decision that can shape the future growth of your business. As a landlord, your property assets are a significant investment you must protect. Whether a tenant or landlord, having clear terms and responsibilities in your agreement is crucial to having a mutually beneficial relationship.

Our property law team offers practical advice to guide you through every step of your agreement and help you understand your rights and responsibilities. We can assist you with drafting and reviewing leases, negotiating terms, and handling disclosure documents for both retail and commercial properties. Our proactive approach is designed to help prevent surprises by providing comprehensive, personalised support.

Experts in retail leasing

Retail leases differ significantly from other lease types, often leading to disputes over legislated time limits. Non-compliance can result in complex repercussions for all involved parties.

Initiating a new lease requires agreeing on terms and meeting all contract conditions.

For instance, strict disclosure obligations must be followed if you’re a landlord or lessor. Failure to provide the disclosure document within the required time frame might give the tenant, or lessee, the right to terminate the lease within six months.

A common mistake among self-managed properties is neglecting to remind the tenant about lease renewal. Such an oversight could potentially lead to financial repercussions. Therefore, it’s crucial to be vigilant about meeting all obligations to avoid unnecessary complications.

Our property law team is your reliable partner in retail and commercial leases. We offer practical advice grounded in extensive experience and expertise, guiding you to find a way forward.

Comprehensive commercial leasing services

Commercial leases form the backbone of the landlord-tenant relationship, and there are certain times throughout your lease term when you require assistance understanding your rights, obligations and options.

Our experienced team can help you with the following:

• Registering the lease on the personal properties security register
• Resolving disputes over outgoing obligations
• Negotiating terms and conditions such as lease period, renewal options, rent and its review mechanisms, maintenance and repairs obligations, fit-out scope, and more
• Handling tenant breaches, dispute resolution clauses, indemnity, liability for damage, and bank guarantees

How we help

At NB Property, we work with landlords and tenants alike to find a way forward and minimise disruption to your business. From drafting and reviewing commercial, retail, or equipment leases, negotiating bonds, rent payable and securities, to disclosure documents and sub-leases, our experienced team is here to help. Contact us today to arrange your complimentary consultation and find out how we can help.

Together, we can find a way forward. Contact us today to find out how we can help.