If you’re the owner or tenant of commercial property, be it through your family business, large enterprise or an institution, having a solid lawyer with an understanding of asset management, yield calculation, leasing and the rental market is critical to protecting your cash flow.
A lease is not a lease, and ensuring that you have the right lease in place and a lawyer that really understands its effect makes the difference between a good deal and a great deal.
Our keen interest in property, eye for detail and hands-on experience in asset management and development makes us the adviser of choice for owners of new and existing retail, commercial and industrial assets.
Morris Legal Group is powered by technology to deliver a seamless experience no matter the circumstances. You and the leasing agent and the other party will always be informed of progress and we will work closely with all parties to bring about a settlement.
It’s like having your own personal team in your corner. Enjoy the benefits of leasing legals from a team who know property, properly. You deserve it.
Our Speciality
You will be assigned a solicitor to your matter every time, ensuring you have proper legal advice and the procedural aspects of your matter handled by the right people.
Professional fixed fees with no sundries charged to you (like photocopying, postage and administration). Disbursements passed on to you directly, so you only pay for what you use.
All solicitors and firm approved annually by the ACT Law Society. Practice management software in use receives the coveted NSW Law Society Certification.
Fully audited trust account available for your convenience.
Prepared for paper or PEXA, we are e-conveyancing ready and skilled in electronic property transactions for ACT and NSW. Ask us about remote dealings and how we can help you get your deal done no matter the circumstances.
Start your adventure here:
TAKING A COMMERCIAL LEASE
Leasing Commercial Property
Whether you are an experienced commercial tenant or taking premises for the first time, you need to have your wits about you when taking a commercial lease. The difference between debilitating, opaque occupancy costs and a manageable and commercial lease is a matter of a few well-placed words.
We apply our extensive experience both as lawyers and in property management to thoroughly review your lease and decode the complexity of those terms into simple, digestible advice.
Every matter is important to us, and we strive to ensure that the process is as stress- free as possible, leaving you more time to plan the next aweome phase of your business!
What About Leasing Off-The-Plan?
Taking a lease in a property which has not been built yet is a great way to secure your dream premises, and get the benefit of a building or fitout customised for your business. Leasing off-the-plan can be both exciting and daunting, and requires both an Agreement for Lease as well as a Lease.
We cut our teeth working with developers, which means that we know exactly what we are looking for when we review Agreements for Lease, whether it’s for a strata titled commercial property or a freestanding building, and you can assess the risks of entering into the arrangement. Feel confident that we will be with you through the whole process to answer any questions you have, so you are well-prepared for the next awesome chapter in your business.
Owner-Occupied Premises? You Still Need A Lease!
If you operate your business from premises which is owned by you or a related entity, having a lease in place is important for keeping up with your structuring goals, your bookkeeping and audit or compliance requirements, especially if the owner is your Self-Managed Superannation Fund (SMSF).
Completing this often-delayed admin task is easy. We will work with you and your accountant to structure your lease and your property ownership to your best advantage, whether your goal is asset protection, financial control or compliance.
You can contact us to get started, or if you know the terms you need you can complete our Related Party Lease questionnaire to send your instructions directly to us for action.
Leasing In The Time Of COVID-19
You can be assured that your lease can proceed under covid-19 conditions due to the availability of electronic or contactless arrangements for all tasks:
| Your Next Commercial Lease In: | ACT Electronic / contactless available? |
NSW Electronic / contactless available? |
|---|---|---|
| Introduction Click here to contact us now! |
||
| Lease ReviewAll contract reviews are issued in writing and a consultation with you via videoconference or telephone call is included in your fee. | ||
| Verification of IdentityOnline and contactless VOI is available. | ||
| Execution of Lease Documentse-Signature is available and can be used where the parties consent. Contactless execution meetings are available also, and we can guide you through an ink signing through a remote meeting. | ||
| Witnessing (where required)Contactless and remote execution meetings are available where permitted by law. | ||
| Deposit PaymentYou may use our trust account to pay your deposit or provide it directly to the agent, to limit your need to attend the bank and our office to deliver cheques and increase your risk. | ||
| Document deliveryElectronic, mail or contactless delivery is available | ||
| Execution of Land Titles Forms | We can sign on your behalf with your authorisation. |
|
| Registration | ACT land title registrations are conducted on paper. We manage this risk on your behalf with the Landlord’s solicitor and is contactless for you. |
Almost all NSW registrations are conducted online through PEXA. |
LEASING OUT YOUR COMMERCIAL PROPERTY
Leasing Out Commercial Property
We have experience with commerical property and asset management, so we understand that each commercial property owner has a different strategy for their asset. If you are leasing up for the first time or after a refurbishment, repositioning the building for sale or simply renewing terms with existing tenants, the deals you will write with your tenants will be nuanced and critical to managing your asset risk.
Rest easy, knowing that your legal team know the difference between a gross lease and a net lease, amongst other technical and jargonised property terms which can cause less experienced practirioners to trip up. Once you have signed Heads of Agreement, we will work closely with you, your agent and any consenting mortgagee to make the process as easy as possible and get the outcome you want.
What About Your Commercial Property Development?
We regularly assist clients to secure pre-leasing committments on their upcoming commercial properties. We can assist you in a range of scenarios, from pre-leasing a small strata premises you have purchased off-the-plan through to letting up the most complex shopping centre redevelopments.
You will benefit from out team’s knowledge in commercial property development, gained from lived experience industry. We understand the requirements for an Agreement for Lease as well as a Lease, and how your leasing-up strategy can affect your lending arrangements. Feel confident that we will be with you through the whole process to answer any questions you have, so you are well-prepared for the next awesome chapter in your business.
Occupying Your Own Premises? You Need A Lease!
Owning commercial premises and running your business from it is a sound investment strategy, and one often used by Self-Managed Superannuation Funds (SMSFs)
Having your commercial property owned by a separate entity to the business operating from it is often recommended, and having a lease in place between the property owner and the business is an important part of documenting your structure. Having a lease in place even with a related tenant entity it is a critical and compulsory requirement for SMSFs who own commercial property.
Completing this often-delayed admin task is easy. We will work with you and your accountant to structure your lease and your property ownership to your best advantage, whether your goal is asset protection, financial control or compliance.
You can contact us to get started, or if you know the terms you need you can complete our Related Party Lease questionnaire to send your instructions directly to us for urgent action.
Leasing in the time of COVID-19
You can be assured that your conveyance will proceed under covid-19 conditions due to the availability of electronic or contactless arrangements for all conveyancing tasks:
| Your Property Lease in: | ACT Electronic / contactless available? |
NSW Electronic / contactless available? |
|---|---|---|
| Introduction Click here to contact us now! |
||
| Lease preparation All contracts are issued electronically to you and your agent to enable you to market. A consultation with you via videoconference or telephone call is included in your fee if you wish | ||
| Verification of IdentityOnline and contactless VOI is available. | ||
| Execution of Documentation e-Signature is available and can be used where the parties consent and permitted by law. Contactless and remote execution meetings are available. | ||
| Witnessing (where required)Contactless and remote execution meetings are available where permitted by law. | ||
| Execution of Land Titles Forms | We can sign on your behalf with your authorisation. |
|
| Deposit PaymentYou may use our trust account to hold the Tenant’s deposit or have the agent act as your stakeholder. | ||
| Registration | ACT land title registrations are conducted on paper. We manage this risk on your behalf with the Landlord’s solicitor and is contactless for you. |
Almost all NSW registrations are conducted online through PEXA. |
How to win at property
Yes, property is tricky. We have compiled a winner's guide to property so that you can be prepared and even enjoy yourself along the way.
Resources
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