Commercial leases are agreements between a landlord (lessor) and a tenant (lessee) for the rental of commercial property, such as office spaces, retail stores, or industrial sites. Understanding the basics of commercial leases in Australia is crucial for both landlords and tenants to ensure their rights and responsibilities are clear. Here are some key aspects:

1. Lease Term and Renewal Options:

2. Rent and Rent Reviews:

3. Outgoings:

4. Security Deposit/Bank Guarantee:

5. Make Good Provisions:

6. Use of Premises:

7. Repair and Maintenance Obligations:

8. Insurance Requirements:

9. Subleasing and Assignment:

10. Option to Purchase:

11. Legal and Regulatory Compliance:

12. Dispute Resolution:


It is highly advisable for both landlords and tenants to seek legal advice before entering into a commercial lease in Australia. This helps in understanding their rights and obligations under the lease and under Australian law.

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