For many people starting out in a small business there is a requirement for them to enter into a Lease agreement in order to have a “window” for their business to come out to the market place.

A lot of people don’t realize that if you are not careful, the document that you sign may not reflect the agreement reached between yourself and the property manager and/or landlord.

It is very important when checking a lease to ensure that the period of the lease reflects what has been verbally agreed in negotiations between the parties. You should also ensure that if you have negotiated a rent free period for new buildings, has this been included in the document?  Has the document been executed property and is it required to be registered?

These are just some of the questions that astute business people need to ask before signing leases.

The ramifications of signing a Lease which does not reflect an agreement between the parties may result in a small business suffering thousands of dollars worth of unnecessary costs. 

At Hatzis Lawyers we are able to assist you by providing you with sound commercial advice at an affordable price which allows you to make the right decisions and avoid being another statistic of small business.

Please do not hesitate to contact us on 1300 HATZIS if you have any questions or would like to arrange a consultation time with one of our solicitors.