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A glossary of key lease terms

At Liberty Leasing we regularly post literature designed to empower and educate Tenants about commercial and retail leasing.  Sometimes those articles can assume a significant level of base knowledge.  So we wanted to create something solely for our first-time retailers! We have pr

TOP 5 MISTAKES TENANTS MAKE WHEN SELECTING A RETAIL SITE

Selecting a new retail site is an exciting time. It’s either the start of a new adventure or a deserved expansion opportunity. If you are going through the site acquisition process alone, then you want to be mindful of some common pitfalls. Tenant Representatives regularly encounte

10 helpful hints for a retail lease negotiation

Once you have gone through the site selection process you will need to commence discussions regarding the overall structure of the deal and some of the key terms. Retail lease negotiation is both an art and a science. The desired outcomes and where you can create leverage is unique t

Commercial Lease about to expire? We outline your next steps

We have said it once; we have said it twice: Tenants put themselves at significant financial risk if they don’t give their business enough time to prepare for a commercial lease expiry date. This article provides you with user-friendly advice on preparing for that inevitable co

Site Acquisition: How to conduct a commercial property inspection

When you are looking to rent a commercial office space you inevitably need to carry out multiple site inspections. This article prepared by our site acquisition specialist provides tips on how to prepare for a commercial property inspection. Liberty Leasing consistently seek to provi

Assigning your lease: A how to guide

If you are considering assigning your lease, it’s generally for one of two reasons: you are selling your business, which operates from the premises that you are leasing; or you are developing an early exit strategy from your lease and you have found a party who will take on the exi

Checklist for entering into a commercial lease

Prior to entering into a commercial lease, there are a several of points for consideration. Ensuring that you have considered the items on this checklist are part of basic risk management. Namely: are premises are suitable for the proposed permitted use; are local laws and council re

Five ways you can end your lease early

Our businesses are forever evolving. Sometimes our businesses grow faster than the initial projection. Sometimes our businesses need to be downsized. And sometimes our businesses fail. Regardless of the circumstance, the ultimate result is that the premises you leased is no longer wh

Five items to consider before signing a retail shop lease

Leases are extensively long documents and the retail legislation disclosure obligations can be administratively burdensome. Here we set out 5 key items for consideration when reviewing a retail shop lease. Are you permitted to operate your business under the permitted use in the leas

Landlord consent disputes: Assignment of Lease

Most leases will require Landlord consent before a Tenant can assign its lease. If you wish to sell your business then obtaining that Landlord consent is a precondition to a contract of sale. Landlord consent disputes particularly arise in respect to assignments of lease. Tenant̵

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