RETAIL AND COMMERCIAL LEASES
Leases are either commercial or retail in nature (other than residential leases). Depending on the nature of the lease, different rules and regulations apply. It is important that the correct lease is entered into to ensure the appropriate regulatory framework is applied and adhered to.
Commercial leases apply to premises used for commercial purposes with no retail activity. Retail leases apply to premises used for selling goods. Where a business is located in a premises that is retail in nature, a retail lease will apply regardless of the nature of the business.
We are able to guide you through the process to ensure that your rights are looked after and you are aware of the nature of the agreement you are entering into.