If you’re preparing to draft a lease and are wondering if you should seek legal representation from a retail lease lawyer in Perth, read the following document. You’re frugal with your business and are hesitant to spend money you don’t have to. That’s a good business philosophy to follow, but in the case of leases, it could end up costing you much more eventually. There are specific things that a lease must contain, and you don’t want to leave them out and render the contract invalid.
First, you need to decide what kind of lease you need to establish. All rental documents such as commercial, retail, and industrial have must address different items. No two leases are the same, so it’s important to seek help from a retail lease lawyer in Perth before drafting your documents. There are also disclosure laws that stipulate a landlord needs to give tenants a disclosure document a minimum of seven days before the lease begins. If you neglect this, the tenant will have the right to terminate the agreement, even after signing the documents and using the property. When drafting an agreement, it should contain a maintenance clause, as well as “make good” stipulations that require the property be returned to its original condition, and may address the responsibility of the tenant to do things like paint the premises at the end of the lease.
An incorrectly drafted document may leave you with a damaged property that you have no legal right to compel a tenant to repair. Don’t let this happen to you. Seek legal representation from a retail lease lawyer in Perth. Give M 6:8 Legal a call today.