A Commercial Lawyer Is There To Protect Your Business.
Many of us are not aware of what exactly a commercial service lawyer does, but he or she is kind of like a real estate lawyer that helps you to negotiate a commercial lease agreement. The reason why you need one is a commercial lease is a lot more complicated than many of the leases that you have signed for private properties before. When signing a commercial lease, it is important that the lease benefits both parties and not just one side Your commercial lease lawyer will act as an adviser and they will point you in the right direction in terms of the legality of the lease.
There can be different things within a commercial lease that cannot always be assumed and you may get confused when it comes to private leases and commercial leases, especially when it comes to maintenance. You can expect your landlord to be responsible for all of the maintenance for a house that you are renting, but the same rules don’t apply to a commercial property. This is one aspect that you need to be aware of and this is why it is crucial that you immediately get yourself a commercial lease lawyer in Parramatta. Here is a slight overview of how a commercial lease lawyer can help you.
* When a lease doesn’t follow the lease agreement – A letter of intent is created between both parties before a lease agreement is created an agreed upon. Even though the letter of intent clearly stated the terms, it doesn’t necessarily follow that the lease agreement will have the same details include. It is your commercial lease lawyer’s job to make sure that all is included in the terms of the lease agreement and if they are not, they will negotiate on your behalf to make sure that they are added.
* How you will use the rental property – Your landlord will base the amount of rent that they want to charge on the yearly income that your business generates and so if you do not disclose all of the business that you will be doing on their property, then this could run into many problems much later on. You do not want your landlord to be threatening you with the courts because you were not upfront with your intent with regard to the property. Your personal lease lawyer will make sure that everything is clearly stated so that you and your business are protected.
There are a lot of details contained within a commercial lease like who is going to take care of essential maintenance, security and the parking spaces that surround your commercial premises. It is crucial that everything is made clear within the commercial lease agreement.