Notice to Tenants of Assignment of Business Lease | Australia

Lease commercial or industrial space in Western Australia to a tenant with this Commercial ⁄ Industrial Premises Lease.

• Not for Retail Premises. This form of lease SHOULD NOT be used for retail premises to which the Commercial Tenancy (Retail Shops) Agreements Act applies.
• Rent Review. Procedure for market rent reviews.
• Renewal. The tenant has an option to renew the lease for a further term if not in default.
• Charges and Taxes. The tenant must pay rates, taxes, and utility charges for the premises, any GST applicable to any payment, stamp duty on the lease, and any other costs payable by the tenant under the lease. The tenant must also pay reasonable legal costs for enforcing the lease.
• Guarantee. The lease assumes a guarantor will be guaranteeing the tenant's obligations, and contains Guarantee and Indemnity provisions.
• Insurance. The tenant must obtain all necessary insurance (public risk, comprehensive, worker's compensation) for the premises and the business. The landlord must insure the building for full replacement value.
• The template also includes a sample set of Building Rules and Regulations.

THIS FORM IS NO LONGER AVAILABLE.

Lease commercial property in Australia to a tenant with this Retail Premises Lease with turnover rent provisions.

• Turnover Rent. The tenant agrees to pay turnover rent in addition to base rent. Turnover rent is additional rent which is calculated as a percentage of the sale of goods or services from the premises, less the amount of refunds and credits.
• Rent Reviews. The lease includes a procedure for Consumer Price Index reviews and market rent reviews.
• Renewal. The tenant has the option to renew the lease, but if the tenant does not renew and continues to occupy the space after the expiry of the tenancy, the lease becomes month to month.
• Charges and Outgoings. The tenant must pay service charges for the premises and a proportionate share of outgoings for the building, as well as any GST payable on the lease or the outgoings.
• Security Deposit. The security deposit may be paid by cheque or unconditional bank guarantee.
• Insurance. The tenant is responsible for maintaining risk, public liability, workers compensation and plate glass insurance. The landlord must insure the building for full replacement value.
• Relocation. The landlord has the right to relocate the tenant in the building for purposes of extensive refurbishment or redevelopment.
• The lease template includes a sample set of Building Rules and Regulations.
• Not State Specific. This template does not reference specific state or territorial legislation.

Let commercial retail space in Victoria to business tenants with this Victoria Retail Premises Lease.

• Procedure for market rent reviews.
• The tenant has an option to renew the lease if not in default.
• The security deposit may be made by cheque or by way of unconditional bank guarantee.
• The tenant must pay service charges for the premises and outgoings for the premises, GST payable on the lease or outgoings, stamp duty on the lease, and any other costs payable by the tenant under the lease. The tenant must also pay reasonable legal costs for enforcing the lease.
• The lease contains a guarantee clause, in the event there is a guarantor guaranteeing the tenant's performance.
• The tenant is responsible for maintaining risk, public liability, workers compensation and plate glass insurance.
• The landlord must insure the building for full replacement value.
• The template also includes a set of Building Rules and Regulations.