Need to prepare an industrial lease (WA) or industrial tenancy agreement (WA)? If you are the landlord or the agent, we can help you prepare the lease.
An industrial tenancy agreement (WA) is a lease for industrial land. It may also be known as an industrial lease agreement (WA).
Industrial Lease Agreement (WA)
Such a lease needs special clauses. For instance, a clause relating to the environment.
A breach of the law relating to the environment can draw huge fines. You, as landlord, would want to make sure that the tenant pays these fines where possible.
What if the tenant contaminates the land? The law may make you pay to fix this. You need a clause that makes the tenant pay for this where possible.
The tenant’s use of the land may increase the costs of insurance. The tenant should pay for these costs. You need a clause that makes the tenant pay for such costs.
What about waste? The tenant may need to install a system to contain waste. For example, fuel, oil or grease. The tenant should pay for such a system.
Sometimes, an industrial lease (WA) may need to be a ground lease. This is where the land is vacant. You allow the tenant to build on the land. For instance, a service station. At the end of the lease, you may choose to own the buildings.
Although, in the case of a service station, you would want the tenant to fix contamination.
Notice is also crucial. The lease should require the tenant to tell you if the tenant has breached the law. It should also require the tenant to pass on legal notices from other sources. For example, an authority.
We are local
Why WA? Leasing law in Perth and WA is the same. Leasing law in other States differs. We only prepare leases in Perth and WA.
How much does a lease cost?
The lease cost depends on what you require. In most cases, we fix the cost.
If you need an industrial lease agreement (WA), contact us to get a quote.