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Leasing
Andrew Douglas Commercial Lawyers will assist you in negotiating
the terms of your lease to your advantage. We further advise on such issues
as your rights and obligations under the lease, the costs associated with the lease and whether you wish to pay for registration of the lease and
the mortgagee's consent for further insurance. In drafting your lease
we can protect your rights in a range of aspects including:
- clarification of rent outgoings
- stamp duty assessments
- assignment of leases and sub-leases
- exercise of options to renew
- rent reviews
- personal guarantees and other securities
- insurance requirements
- options to purchase
Our fixed fee prices for our leases are as follows:
| New Commercial Lease if drafting | $750* + GST (including $19.40 title search and sundries but excluding other searches) + any surrender of old lease ($550 + GST if tenant co-operates) + any titles office registration fee** (optional but recommended) + any Mortgagee Consent fee*** (optional but recommended). |
| New Retail Shop Lease if drafting | $950* + GST and otherwise as set out above. |
| New Lease advice if acting for Lessee | $265 / hour plus GST for advice and negotiating amendments. |
| Assignment of Lease if acting for Lessor (paid by Lessee) | $1295 + GST |
| Assignment or Extension of Lease if acting for Tenant | $650* + GST or $850* + GST for Retail Shop Lease and otherwise as set out above + negotiating Amendments at $265 / hour plus GST. |
* There is also an additional professional fee if we are required to register a lease or to arrange and execute personal or bank guarantee documents or mortgagee consent documents or to obtain financial information from a new tenant or big shopping centre lease at $100 + GST for each of these optional requirements.
** At least $152.50 registration fees + $36.65 if survey plan required + the same again if extra title deeds are covered by lease + surveyor's fees if no survey plan available.
*** Usually $50-$200 depending on the financier's charge.
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© 2005 Andrew Douglas Solicitors. All rights reserved. Terms & Conditions Web Design Last Modified: 23 January, 2013 Caboolture Office: 156 Morayfield Road Morayfield Q 4506 Ph +61 7 5499 3777 Hendra Office:45 Manson Road Hendra Q 4011 Ph +61 7 3262 1733