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By using a property lease, the property owner protects their investment in a couple of ways. Firstly, it clearly sets out the do’s and don’ts of the leasing arrangement so both parties understand their obligations to each other. Secondly, if the tenant breaches any of the lease terms, then the landlord can take action based […]

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The buyer may then either exercise his or her right under the contract by completing the property purchase or sell the option to someone else to exercise, ie: Sell them the right to buy the property. If the option holder exercises their right under the contract, the seller is obliged to complete the sale under […]

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By using a property lease, the property owner protects their investment in a couple of ways. Firstly, it clearly sets out the do’s and don’ts of the leasing arrangement so both parties understand their obligations to each other. Secondly, if the tenant breaches any of the lease terms, then the landlord can take action based […]

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When you sublet all or part of the premises to another tenant you are still obliged to honour your obligations under the commercial lease contract with the landlord. Another option would be to assign your rights and responsibilities to another person using an Assignment of Lease. This agreement is used more commonly for the whole […]

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This document sets out the terms of the space rental, placing clear boundaries on the relationship. It ensures that each party understands their obligations and covers the following issues: licence fees – amount , frequency, method of payment bond amount rental term care of the premises indemnity breaches to the agreement Putting a written contract […]

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By using a property lease, the property owner protects their investment in a couple of ways. Firstly, it clearly sets out the do’s and don’ts of the leasing arrangement so both parties understand their obligations to each other. Secondly, if the tenant breaches any of the lease terms, then the landlord can take action based […]

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You must still honour your obligations to the Landlord When you sublet all or part of the premises to another tenant you are still obliged to honour your obligations under the commercial lease contract with the landlord. Another option would be to assign your rights and responsibilities to another person using an Assignment of Lease. […]

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This document sets out the terms of the industrial space rental, placing clear boundaries on the relationship. It ensures that each party understands their obligations and covers the following issues: licence fees – amount , frequency, method of payment bond amount rental term care of the premises indemnity breaches to the agreement Putting a written […]

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If you own a parcel of vacant land that you’re not using, then it makes sense to rent that land to someone else. You receive income for land that’s just sitting there, and the other party can use the land to fulfil a purpose. But it can be a hassle to organise a lease and […]

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A Commercial Lease is an agreement that sets out the guidelines of a leasing arrangement of a commercial property between the owner and tenant. Commercial property covers those types of buildings such as: warehouses; factories; industrial properties; and offices etc. Shops require a retail lease. By using a property lease, the property owner protects their […]

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