Commercial Lease Agreement (WA)
Need to prepare a commercial lease agreement (WA)? If you are the landlord or the agent, we can help you prepare the lease.
Types of land
There are many types of land. Each type of land may need special clauses.
For instance, if the land is strata, there should be a clause about this. What if the land is not strata? You should still include this clause. This is because you may want to strata the land in the future. If you fail to include this clause, you may need to obtain the tenant’s consent to the change.
We have a commercial lease agreement (WA) for all types of land. The land could be a warehouse. The land could be an industrial site. It could be a retail shop. Or it could be an office. Each lease also caters for vacant land.
Even a humble warehouse or workshop needs an effective lease.
What if you are letting only part of the land? This may be where you own several sites on the same lot. This may also occur in buildings with more than one office or floors. No problem. Our lease caters for this case as well.
We are happy to answer questions about what a lease should include.
What should a commercial lease agreement (WA) include?
Of course, it should have a clause about the payment of rent. It should also have a clause that allows for the review of the rent.
Unless the lease is a gross lease, there should be a clause about the payment of outgoings. This is where leases can differ. Lawyers who only do leasing on the side often miss costs that the landlord should claim.
The goal is to have the tenant pay for all costs. But the law does limit what the landlord can claim in some cases. For instance, the law limits what the landlord can claim under a retail lease.
There are many other things to take note of. For more tips on what a lease should include, see here.
What is the cost of a lease?
The cost of a lease depends on what you need. In most cases, we fix the cost.
Contact us to get a quote.