Why are commercial property leases complex?

Commercial property leases are complex because they involve a large amount of money and usually last for several years. This means that there is a lot at stake for both the landlord and the tenant, and it is important that all the terms of the lease are clear. A commercial lease should be reviewed by a lawyer before it’s signed to make sure that all the terms are fair and that both the tenant and landlord understand their obligations.

What common disputes arise in commercial property leases?

Common disputes that arise in commercial property leases include disagreements over rent, repairs and maintenance, and the use of the premises. If a dispute arises, it’s always important to try to resolve it amicably with the landlord or tenant—this can often lead to the best outcome for both parties. If this is not possible, you may need to take the matter to court.

Can I get out of a commercial property lease agreement if my business is failing?

It may be possible to get out of an existing commercial property lease agreement if your business is failing, but this will depend on the terms specified within the lease agreement. You should always seek legal advice before trying to cancel a lease, as you may be liable for penalties if you do so without following the correct procedure.

Property Lawyers in Darwin

We assist with commercial property matters such as lease agreements, purchases and tenancy disputes.

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We’ll Help With Property Contracts & Disputes

Are you about to enter into contractual arrangements for the lease of a new commercial property? Are you involved in a dispute about an existing tenancy that needs settling? When it comes to commercial property arrangements, the process can be significantly more complex than residential ones. From lease terms and rent calculation to protection and responsibilities, the details can have major ramifications for the future success of the occupying business and the lessor. Because lease terms on commercial premises are typically between 3-20 years, the intention is to form a long-term relationship that is beneficial to both parties.

At Bradley Solicitors, our property lawyers act on behalf of both landlords and tenants to achieve specific outcomes and to ensure their interests are protected when it comes to lease agreements. Why not seek our advice prior to signing an agreement? We have extensive experience in relevant legislation and the complexities that come with commercial leasing. Call (08) 8941 1677 for representation or advice in Darwin, Katherine or anywhere else throughout the Northern Territory and Australia.

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The Services We Offer

So, what can we help our commercial clients with when it comes to property arrangements? We provide a wide range of professional services to do with:

Buying & selling commercial property
Commercial leasing, including retail, hospitality & warehousing
Disputes between landlords & tenants
Town planning matters
Joint ventures
Insurance law

And much more. Whether you’re a buyer, seller, lessor or tenant—don’t jeopardise your investment due to poor risk assessment, contractual naivety or bad advice! At Bradley Solicitors we’ll take into consideration your specific circumstances and the potential for future changes that may affect your agreement when providing legal guidance. Get in touch with our team today.

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Frequently Asked Questions

Why are commercial property leases complex?

Commercial property leases are complex because they involve a large amount of money and usually last for several years. This means that there is a lot at stake for both the landlord and the tenant, and it is important that all the terms of the lease are clear. A commercial lease should be reviewed by a lawyer before it’s signed to make sure that all the terms are fair and that both the tenant and landlord understand their obligations.
What common disputes arise in commercial property leases?

Common disputes that arise in commercial property leases include disagreements over rent, repairs and maintenance, and the use of the premises. If a dispute arises, it’s always important to try to resolve it amicably with the landlord or tenant—this can often lead to the best outcome for both parties. If this is not possible, you may need to take the matter to court.
Can I get out of a commercial property lease agreement if my business is failing?

It may be possible to get out of an existing commercial property lease agreement if your business is failing, but this will depend on the terms specified within the lease agreement. You should always seek legal advice before trying to cancel a lease, as you may be liable for penalties if you do so without following the correct procedure.