The Simple Commercial Lease Agreement is designed for use in Australian commercial property transactions where a straightforward leasing arrangement is required. This document is particularly suitable for small to medium-sized businesses seeking to lease commercial space, or for property owners looking to lease their commercial properties without overly complex terms. It encompasses all essential elements required under Australian commercial tenancy laws while maintaining clarity and usability. The agreement includes provisions for rent, duration, permitted use, maintenance obligations, insurance requirements, and statutory compliance, while being adaptable to various commercial property types from office spaces to retail outlets. It serves as a foundational document that can be modified to accommodate specific commercial requirements while ensuring legal compliance in the Australian jurisdiction.
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1. Parties: Identifies and provides full details of the landlord and tenant
2. Background: Brief context of the lease arrangement and property
3. Definitions and Interpretation: Defines key terms used throughout the lease and interpretation rules
4. Grant of Lease: Core terms of the lease grant including premises description and term
5. Rent and Outgoings: Details of rent amount, payment terms, outgoings, and review mechanisms
6. Security Deposit: Requirements for security deposit or bank guarantee
7. Permitted Use: Specified allowed uses of the premises
8. Tenant's Obligations: Core responsibilities including maintenance, repairs, and compliance
9. Landlord's Obligations: Key responsibilities of the landlord
10. Insurance: Required insurance coverage for both parties
11. Damage and Destruction: Procedures and rights in case of property damage
12. Default and Termination: Events of default and termination processes
13. Assignment and Subletting: Rules regarding transfer of lease rights
14. Dispute Resolution: Process for resolving disputes between parties
15. GST: GST treatment and obligations
16. General Provisions: Standard boilerplate clauses including notices and governing law
1. Fit-out Works: Used when tenant will conduct initial fit-out works - includes approval process and conditions
2. Option to Renew: Include when offering lease renewal options to tenant
3. Break Clause: Include when either party has right to early termination
4. Market Rent Review: Detailed process for market rent reviews if applicable
5. Common Areas: Include for multi-tenanted buildings with shared facilities
6. Building Rules: Include for premises within larger buildings with specific rules
7. Environmental Obligations: Include for properties with specific environmental requirements
8. Trading Hours: Include for shopping centers or buildings with restricted access times
9. Signage Rights: Include when specific signage provisions are needed
10. Car Parking: Include when car parking is part of the lease arrangement
1. Schedule 1 - Premises Plan: Detailed plan showing leased area and measurements
2. Schedule 2 - Lease Particulars: Key commercial terms in schedule format for easy reference
3. Schedule 3 - Special Conditions: Any specific conditions unique to this lease
4. Schedule 4 - Outgoings Categories: Detailed list of outgoings and cost allocations
5. Schedule 5 - Condition Report: Initial condition of premises at lease commencement
6. Schedule 6 - Fit-out Specifications: Detailed specifications for any approved fit-out works
7. Schedule 7 - Building Rules: Detailed building rules and regulations
8. Appendix A - Required Insurance Certificates: Copies of required insurance certificates
9. Appendix B - Bank Guarantee Format: Approved format for bank guarantee if required
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Retail
Professional Services
Healthcare
Hospitality
Technology
Manufacturing
Warehousing
Education
Financial Services
Relevant Teams
Legal
Operations
Finance
Facilities Management
Risk and Compliance
Property Management
Real Estate
Administration
Business Development
Asset Management
Relevant Roles
Property Manager
Business Owner
Real Estate Agent
Facilities Manager
Commercial Leasing Manager
Legal Counsel
Operations Manager
Chief Financial Officer
Contract Administrator
Risk Manager
Asset Manager
Compliance Officer
Commercial Property Consultant
Business Development Manager
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