A recent instance of a landlord who had not obtained a fire safety statement highlighted the importance of understanding this issue before and during a commercial lease.
commercial property
Myth busting the view that leases need to be assigned when selling a property
It’s a common misconception that selling a property means an existing lease agreement needs to be “assigned”. What is an assignment of a lease and when does this need to occur?
Common mistakes with commercial leases
Small business owners can be very naïve about their obligations under the lease of their business premises. A number of issues keep cropping up again and again.
Use your super to own your business premises
Do you own a business? How much is the lease for your business premises? Often it will be thousands of dollars you are paying each month to the landlord. What if your business were to pay its lease to a property owned by your self-managed superannuation fund (SMSF)? This is a smart way to use […]