A commercial lease designed for a single property (one that does not involve other tenancies). This is a very detailed and legally precise lease. It assumes a high degree of equality between the lessor and the lessee (i.e. it is not prepared in favour of the lessor as many leases are). It is very clear on who is reponsible for what costs. The landlord covers municipal rates, water and sewerage rates and land taxes. It assumes the term of lease to be up to three years. It allows for a change of rent over the term of the lease. It includes an inventory of fixtures. It includes an attached list of special conditions. Australian legal agreement.
Commercial lease designed for a single property (one that does not involve other tenancies).