Additional Details

Learn more about protecting yourself and your business when it comes to commercial leases by reading You Legal's :

1. You will send us the Commercial Lease that has been provided to you by the landlord or the landlord’s agent;

2. We review and consider the terms of the Commercial Lease (the “Lease”);

3. We provide you with written advice on all salient points, suggest amendments where (absolutely necessary and which have a chance of being accepted by the landlord/ landlord’s agent); and

4. We have a follow-up discussion with you in respect of our advice (by way of telephone) to answer your questions and discuss the next steps.

Frequently Asked Questions

If you are considering engaging You Legal to review your Commercial Lease, here’s what you need to know:

A commercial lease is a binding legal agreement between a tenant and a landlord. This Fast Track Solution is a review of this lease that has been provided to you by the landlord, or the landlord’s agent, to provide you with advice on all salient points and suggested amendments (where absolutely necessary and which have a chance of being accepted by the landlord/landlord’s agent).

If you are (or are planning to be) a tenant, ensuring that your lease covers all pertinent information sets the right tone for a relationship which may last for many years. Having a lawyer review your lease will ensure you understand exactly what you’re committing to and that you are well-positioned in the current rental market. Investing in the review can assist you with avoiding risks or costs that tenants do not usually bear the burden of.

Not quite. Often, it’s what isn’t said. The devil is usually in the detail or can also be in what is NOT written. Be mindful of what isn’t included in a Lease, because the omission of some clauses can be just as damaging as what is written down when it comes to hidden future costs. In the early stages of your new Lease, you might not be sure how much you are going to grow or how your business will change, 3 to 4 years down the track it might be that you want to sub-let or move into a bigger location. If you’re stuck in a restrictive Lease that won’t allow this, it will impact the ability to manage your business as your needs change.

We’d recommend asking yourself:

•  What incentives am I being offered to sign up?

•  Have I protected myself against unreasonable rental increases?

•  Am I fully across my “make good” obligations?

If you answered “no” or “unsure” to any of the above – it’s another reason to suggest you should have your Lease reviewed by an expert before signing it.

• Not fully appreciating the hidden costs that are contained in those wordy clauses buried deep within a Lease. Even veteran business operators can struggle to understand the true implications of some of these clauses.

• Rushing through background research and signing the Lease before ensuring that you are making informed decisions.

• Not reading the fine print. As simple as this sounds, Leases are often convoluted and many pages long, so it is easy to gloss over a critical part of the Lease or miss a game-changing clause.

The above price is inclusive of us reviewing and considering the terms of the Commercial Lease, and written advice on all salient points, and suggested amendments (where absolutely necessary and which have a chance of being accepted by the landlord/landlord’s agent. It also includes a telephone discussion to answer your questions and discuss next steps. For more details on the exact process and what’s included, see the ‘Once you purchase this Agreement’ section above.

The above pricing does not include the review of any additional documents that are not mentioned above, nor does it include drafting any additional rounds of changes. We can provide an additional scope of work and proposal if required. It also does not include GST.

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