Leases

Whether you are a Landlord or Tenant, you want certainty. You don’t want to risk being thrown out or having your tenant vacate on a months notice. The following are some of the key points:

1. Is your Lease current?

2. Is it the right Lease for your situation eg a Commercial or Retail Shop Lease?

3. Is it properly executed by the all parties (including Guarantors)?

4. When does the Lease expire?

5. Is there an option to renew?

• How and when is notice to be given to exercise the option?

7. Have you made a note of that date in your diary?

8. Does the Lease need to be registered?