Entering into a lease is a significant financial commitment for any business. Paul Gibney has over 30 years’ experience in leasing, including acting for landlords in drawing retail, hotel, commercial, and farming leases; advising tenants about leases (including acting for retail shop tenants against shopping centres in retail lease disputes); and acting for landlords and tenants in lease terminations.
Paul can help you with:
- drafting and reviewing retail, hotel, commercial, and farming leases
- complying with legislative requirements, particularly for retail leases and hotel leases
- negotiating lease terms for both landlords and tenants
- assignment of leases, including those associated with sales of business
Landlords
If you are a landlord looking to lease out premises, we can provide you with quotations on the following basis:
- If the lease is for 3 years or more, requires registration, and is a standard Retail Leases Act lease – $950.00 plus GST plus disbursements for preparation of the lease, negotiations of up to 2 hours, and finalisation and registration of the lease.
- If the lease is a commercial or hotel lease – $1,500.00 plus GST plus disbursements for the preparation of the lease, negotiations of up to 2 hours, and finalisation and registration of the lease.
Negotiations in excess of those set out in our fixed fee quotation above will be charged at a rate of $350.00 per hour plus GST.
We reserve the right to revise our quotation once we have reviewed the heads of agreement or agent’s instructions.
Tenants
If you are a tenant leasing premises, it is more difficult to provide a fixed fee quotation as the time taken to review the lease will depend on the terms of the lease and the amount of negotiation required.
We can provide you with the following estimates:
- If the lease is a Retail Leases Act lease, we can estimate $750.00 plus GST for the review, advice, and recommendation of amendments, including negotiations of up to 2 hours with the landlord’s solicitor.
- If the lease is a commercial or hotel lease, has customised clauses, and is not a standard form lease, we can estimate $1,400.00 plus GST for review, advice, and recommendation of amendments, including negotiations of up to 4 hours with the landlord’s solicitor.
Negotiations in excess of those indicated above will be charged at a rate of $350.00 per hour plus GST.
We reserve the right to revise our quotation once we have reviewed the heads of agreement or agent’s instructions.
If you wish to discuss any of the above matters, contact Law Society Accredited Business Law and Property Law Specialist Paul Gibney, or his assistant, Annie Moloney:
- Email [email protected]
- Email [email protected]
- Phone (02) 6049 6666
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