Leasing a shop or office is different to leasing a house or apartment. Shops, offices, warehouses and factories all fall within Commercial Leasing. There are various types of commercial leases depending on the type of property. Whether you are a landlord (lessor) or tenant (lessee) it is important to get legal advice early.
Landlords have legal obligations that begin even before a lease is signed. Legislation gives tenants rights the minute they set foot on your property. Heavy penalties can be incurred by landlords that do not comply with rules set out by legislation.
Tenants have rights that they may not be aware of. In some situations it is illegal for a landlord to charge the tenant for costs in drawing up a lease. Special disclosures need to be made before leasing out retail property. Be aware of your rights from the beginning.