Remember, when you look at leasing a commercial property that the Lessee usually pays the Lessor’s leasing costs, unless it is a Retail Lease.
If it is a Retail Lease both sides generally pay their own costs.
As the Lessee it is important to factor the two sets of legal costs into your budget calculations.
You should ask the Lessor what their likely legal costs will be and get these in writing. You don’t want to unexpectedly end up with a bill of $3,000-$4,0000.
You also need to ask how many rounds of negotiations any quoted legal fees cover as leases often go backwards and forwards and this increases legal costs.
Platinum Property Law
The Conveyancing and Lease experts
Platinum Property Law is based in Riverstone (in the heart of Sydney’s thriving northwest).
Weith over two decades in the property and construction industries we know property inside out.
We are experts in buying, selling, leasing, developing and building. It’s what we do all day long.
We look at property, talk about property and meet with other people about property every single day.
We have contacts across the whole range of property industries and we will share them with you.
They are the best in their field.
It is our job to help you and we love doing just that.
What we know we share with you.
Platinum Property Law
The Property and Leasing Experts
