Tag: Commercial Leasing

“Assigning” and “subletting” may sound like interchangeable terms.  But as we shall see, they are vastly different. If you have space in your leased commercial premises (either all or part) that you are thinking of assigning or subletting to another, you should make yourself familiar with the legal effects, the pros and the cons of […]

In this economic climate, it is not a far stretch to imagine commercial businesses in the unfortunate position of having to end or break a lease early. In this article, we consider the ways a tenant may be able to exit a Lease in a commercial setting. When can a commercial lease be broken? There […]

1. Download and complete the Transfer form from the Department of Land and Property Information website. 2. Send the completed Transfer to the Office of State Revenue (OSR) to be noted for stamp duty. If you are seeking an exemption of duty, for example, for a transfer being made pursuant to a binding Financial Agreement […]

When considering the issue of outgoings, Landlords may charge separate outgoings to the tenant as they arise, or add an outgoings component onto the base rent amount. Retail Property If you are leasing retail premises, you will need to be aware of the regulations contained in the state based retail tenancy legislation pertaining to outgoings.  […]

If you are an owner of commercial premises, there is a ton of information that you need to know to secure the perfect tenant and maximise the return on your investment (ROI). The problem is, your time is also a premium asset of which you only have a finite amount. Most property investors do not […]

Are you signing up or thinking of signing a commercial lease?  Here are a few key provisions to look out for. Rent – How much is it going to cost It is vital to understand the potential monetary obligations under the commercial lease agreement – the most significant being rent.  Make sure you have a […]

When you wish to execute your right to renew the lease under the option of the lease you usually have to do so in writing. We’ve provided a sample of a completed letter . In most cases, you’ll have a window of opportunity – which is usually around three to six months before the end […]

1. Download and complete the Transfer from the South Australian Land Titles Office. 2. Send the completed Transfer to Revenue SA to be noted for stamp duty. If you are seeking an exemption of duty, for example, for a transfer being made pursuant to a binding Financial Agreement or for transfer of the matrimonial home, […]

If you own a car in a busy city, you probably find car parking spaces hard to come by, and expensive. A common solution to this problem is to make a private arrangement with another party to secure a permanent car parking space in return for a weekly or monthly licence fee. Alternatively, you may […]

1. Download and complete the Transfer Form T1 from Lands Victoria. 2. Download and complete the Office of Revenue Notice of Acquisition Form 3.Send the completed Transfer Form T1 and Office of Revenue Notice of Acquisition Form to the Revenue Office (OSR) to be noted for stamp duty. If you are seeking an exemption of […]