It is essential that your Tenant signs an effective and enforceable Lease before taking possession of your property.
Additionally, the Lease should include adequate securities or guarantees, limitation and exclusion of liability clauses, indemnities and dispute resolution provisions to protect your investment and make the Lease attractive to future purchasers of the property.
Whilst good Leases add property value, bad Tenants need to be dealt with swiftly, particularly if the Lease gives inadequate security. This will typically involve termination, taking possession and finding a new Tenant.
We help Landlords with all matters relating to commercial leasing for properties in Newcastle, Sydney and across NSW.
