What’s involved in a lease renewal?

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What’s involved in a Lease Renewal?   At least 18 months out from the expiration of your existing lease you should be considering whether you will be seeking a lease renewal or possibly relocating. Allowing plenty of time is important to weigh up the options available to you and allow you to make well informed […]

Leasing your first commercial office

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For a lot of start-ups and small businesses there comes a point when working from the kitchen table just won’t cut it anymore. With clients tripping over kids toys and constantly moving your ‘desk’ to make way for dinner, you start to dream about the perfect commercial office.   Is it light filled with fresh […]

Empty office ready to sublease

Need to sublease your business premises?

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Do you need to sublease your commercial business premises? At some point in time, business owners have found ourselves with surplus commercial space that we lease. Space that we’re paying for but isn’t being used and therefore is wasted money. It could be that you initially leased more space than you required, or perhaps you’ve moved […]

Ticking checkbox for lease check-up

Annual Lease Check-Up

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It’s the New Year and for a small business this is often a time for reviewing, planning and goal setting. This should include your commercial lease. As business owners we tend to focus our energy on the parts of our business that we believe can be changed or altered with the least amount of impact […]

Office undergoing make good

Make Good Tips

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Make good obligations, also known as lease exit obligations, are often overlooked but can be one of the most important clauses within a lease.  The make good clause generally requires the Tenant to bring the premises back to its original condition at the commencement of the lease. Often the clause can be very onerous on […]

Landlord giving tenant document as required under Retail Leases Act

What documentation should a Landlord give you?

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As a Retail Tenant in Victoria under the Retail Leases Act, a Landlord is required by law to provide you with certain documentation before and after you sign your lease and during the term of your lease. It is important to understand if you are a Retail Tenant under the Act as this will outline […]

Make Good works at an office

What is a make good?

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Within a commercial property lease, it will state that you are required to ‘make good’ or ‘yield up’ the property at the end of your tenancy. There is no standard for a make good and each lease can vary. It is crucial that you read the requirements within your lease to determine exactly what your […]