What to look for in a conveyancing transaction?
The process of buying a property is known as conveyancing. Whether it be your principle place of residence or a residential or commercial investment, it can be a difficult and stressful experience as there can be a lot of things going on at once.
What to look out for in a property leasing transaction?
A lease of property is a right to exclusively occupy all or part of a building for a fixed period of time. Doctors will often be required to enter into a lease of premises for your practice. You may also wish to enter into subletting arrangements in order to host complimentary services such as a chemist, physio or pathology lab.
Does the Retail Leasing apply to my Lease and how does it protect me?
There is often a power imbalance between a landlord and tenant with the landlord generally being in a much stronger position, with deeper pockets and control of the land. For this reason, all the various States and Territories have introduced retail leases legislation with a view to protecting tenants and levelling the playing field.
What are some traps in leasing including hidden costs?
Leasing is a big investment. You generally take a lease of commercial property (office or retail) for 5 or 10 years at a time with options to renew often included. Entering into a long-term contract such as a lease does come with some risk and these risks need to be ironed out in the beginning.
What is subletting and can I sublet my premises?
A lease of property is a right to exclusively occupy all or part of a building for a fixed period of time. Doctors will often be required to enter into a lease of premises to carry on practice. You may also wish to enter into subletting arrangements in order to host complimentary services such as a chemist, physio or pathology lab.
