In the case of long-term leases (usually longer than 5 years or more than 10 years), the parties may be required to comply closely with subdivision laws in the state or territory concerned. This is in the right of assistance or in the right of planning. In some cases, leases over a period of time are considered subdivisions under this legislation. This commercial lease is suitable for leasing most types of commercial space such as warehouses, offices, factories and industrial properties throughout the City of Victoria. It may not be suitable for retail situations. This lease will create a legally binding contract between the parties, which defines the rights and obligations of the lessor and the tenant. This lease has a number of varying conditions, including: additional terms may be included and the contract must comply with the Residential Tenancies Act 1997. .
Posted Sep 14th, 2021