Category: Property Law

Looking for a Well-Structured Corporate Lease

Looking for a Well-Structured Corporate Lease

By : Net Justice

An Experienced Lawyer can help you out

Sometimes, it’s well-worth the time and effort to seek legal guidance on certain issues. For example, it’s a sensible idea to look for competent property lawyers to negotiate a profitable corporate lease for your requirement. Corporate property lease contracts are often complex and lengthy documents. They are often replete legal jargon and may contain multiple clauses and so on that we may easily miss, if we tried to negotiate on our own. Hence, it’s invaluable to have reliable legal counsel looking out for your best interests. It’s crucial to completely understand the terms of the lease and request for any modifications (if required). A property lease agreement will usually contain terms that are favourable to the landlord and his or her convenience.

Read on for some useful tips regarding negotiating a corporate lease.

  • Companies and businesses may wish to look out for property leases that are valid for at least a year before they come up for renewal. This is especially useful for small businesses as you should not be obliged to move your business location every now and then due to a short-term lease. On the other hand, if you are on the look-out for more favourable locations or lower rents etc, you can also opt for a short term commercial lease.
Buying a Home

The Real Cost of Buying a Home in WA

By : Net Justice

When looking for a home to purchase, most people look at the sale price to ensure the home is within their budget. But property lawyers will tell you that there are many other costs to consider as well. If you’ve never bought property before you may not be aware of these costs and finding out later will mean your budget may be shot to pieces.

Here is a list of the other costs you are likely to meet along the road to your first home.

  • The deposit, although not an extra cost, will be required up front before the remainder of the price. If you decide not to go ahead with the purchase, you’ll lose it, so be sure before you pay up. It is usually about 10% of the purchase price of the home, but if you can afford to put down 20% you may get a better deal on the loan.