If you're a landlord leasing commercial property on the Gold Coast, it's common for leasing agents to provide a standard Commercial Tenancy Agreement (CTA). While this might seem convenient, and ‘cheaper’, relying solely on an agent-drafted CTA can leave your investment exposed. Here’s why a lawyer should always draft commercial lease.
Agents are experts at marketing your property, negotiating terms, and closing deals. They’re a vital part of the leasing process. But when it comes to the legal fine print, even the best agent isn't a substitute for a qualified property lawyer.
CTAs provided by agents are typically based on standard templates and don’t take into account the specifics of the property, the tenancy or even the landlord. An experienced property lawyer has the skill to take instructions from you and draft a lease that protects your interest, complies with legislation and gives certainty to all parties.
A commercial lease is a significant binding contract, its important you take the steps to protect your assets. It doesn’t have to be complicated, but it does have to be comprehensive.
Our lawyers, led by Carley Ronan have years of experience in drafting, negotiating and finalising commercial leases.
Contact our office today to discuss your leasing needs and we can work with you and the leasing agent to draft a lease for a fixed and fair fee, with fast turn around time because we understand the importance of getting the deal done.