As a tenant, leasing commercial property is a major investment decision that can have a significant impact on the success of your business. That’s why it’s so important to have the guidance of experienced lawyers who can help you negotiate a lease agreement that protects your interests.
Our team of experienced lawyers are dedicated to providing expert legal support for your leasing matter. From negotiating and drafting leases to resolving any disputes that may arise, we have the knowledge and resources to assist you.
Let us help you navigate the complexities of leasing commercial property and protect your interests.
Tell us about your leasing situation.
We provide personalised leasing services based on your specific needs and goals. We’ll work with you to determine the best course of action.
Let us assist you in the leasing process.
We understand the complexities of leasing commercial premises and are here to guide you through every step of the process.
A commercial lease is a legal agreement between a landlord and a tenant in which the tenant pays rent in exchange for the right to use the landlord’s property for a business purpose. This can include retail stores, offices, and warehouses, among other types of properties.
When negotiating a commercial lease, it’s important to consider the length of the lease, the amount of rent and any increases over time, the terms of any option to renew, the rights and responsibilities of both parties, and any other terms and conditions that may be relevant to your business. You should also consider any potential liabilities or obligations that may arise under the lease.
Common disputes arise in commercial leases over:
As a tenant, it’s important to carefully consider whether or not to provide a personal guarantee on your lease. A personal guarantee is a legal agreement in which you personally assume responsibility for the debts or obligations of your business, including any unpaid rent or damages to the property. While this may seem like a way to protect your landlord, it can also be risky for you as the tenant. If your business is unable to meet these obligations, you may be held personally liable and required to pay out of your own pocket.
Before making a decision, it’s important to weigh the potential risks and benefits of providing a personal guarantee. If you are a small business owner or are unsure of the financial stability of your business, it may be in your best interest to avoid providing a personal guarantee. Protecting your own interests is crucial in any lease agreement, and a personal guarantee should not be taken lightly.
As a tenant, if you have a problem with your landlord, it’s important to communicate your concerns and try to resolve the issue through negotiation. This may involve discussing the matter directly with your landlord or mediating through a third party. It’s important to remain respectful and professional throughout the process, as finding a mutually beneficial solution can often be the fastest and most effective way to resolve the issue.
If negotiation is not possible, you may need to seek legal assistance to protect your rights and interests. An experienced lawyer who specialises in commercial leasing can provide you with valuable guidance on your options and how to proceed.
At Axe Legal, we have a team of experienced lawyers who are dedicated to providing expert legal support throughout the leasing process. From negotiating and drafting leases to resolving any disputes that may arise, we have the knowledge and resources to protect your interests.