COMMERCIAL AND INDUSTRIAL LEASES
A lease is a formal agreement between a landlord and a tenant granting rights to a tenant allowing them to exclusively occupy premises owned by the landlord. Leases can cover a wide variety of properties including retail shops, commercial and industrial premises.
The laws governing the rights and obligations of the parties to a lease are quite complex and generally should comply with legislation such as the Retail Leases Act , Real Property Act and Conveyancing Act.
At Shad Partners we ensure that your rights as either lessor or lessee are thoroughly explained in plain simple language, the lease complies with the legislative requirements including registration of the lease and the lease agreement is binding on all parties. In the last aspect, without a well drafted and binding agreement the value of property may be substantially less and the value of the lessee’s business is usually substantially affected.
Call us today to discuss your matter confidentially.