Commercial Leases are the legal vehicles by which a tenant may rent an an office or general space from a landlord. It is the legal agreement which outlines the rights and responsibilities of both landlord and tenant.
In order to take out a lease or to let out a property you must ensure that a tenancy agreement is drawn up properly and both parties must agree to the terms and conditions contained within. Whether you are writing one to let a property out or reviewing one to take out a lease, it is advised that you use a solicitor to make sure that everything is in good order and to prevent contractual problems from arising due to mistakes or ommissions in the tenancy agreement.
Commercial property lawyers deal with issues such as;
Drafting and Review of Tenancy Agreements
Breach of Agreements
Commercial Property Conveyancing
Letting Licenses and Registration
While complex to the untrained eye, much of the legislation and regulation surrounding commercial property law is a simple enough task for an experienced solicitor. By not employing the services of a trained property law solicitor, you could be taking a massive financial risk by not having properly assessed your liability or tenancy agreement.