This article is for general information purposes only and reflects the state of information at the time of publication. It is not legal or financial advice. Always seek professional advice tailored to your specific circumstances before making decisions.
One Simple Question Can Save You Thousands
When it comes to leasing property, understanding the difference between a retail lease and a commercial lease can have a significant impact on your wallet. Did you know that:
- Retail Lease: The landlord is responsible for paying for the preparation of the lease.
- Commercial Lease: The tenant bears the cost of lease preparation by the Landlords solicitors. You have no input into what the Landlords solicitors charge.
Before you start inspecting properties or talking to agents, make sure you know what kind of lease you’re dealing with. This simple distinction could save you thousands of dollars in unexpected costs.
At Bliss Conveyancing, we’ll help you understand the ins and outs of your lease agreement before you make any commitments. Contact us today for a free consultation and ensure you’re fully informed before taking the next step.
