Entering into a lease agreement can be risky. While those new to business may believe that they have the best business plans in the world, caution should always be taken before signing any lease documents.
How long is too long for a lease? What are the outgoings? What are the tenant’s rights if the building leaks or is effected by flooding and who is responsible for insurance? These are some questions that a lawyer will go through with those wanting to enter a lease.
Landlords and tenants both need to be well advised about leases before anything is signed.
A lawyer is only one professional that those looking to set up or to sell a business need to engage. Decisions must be made as to the structure of the business – Sole trader? Partnership? Limited Liability company? Look Through company? One of our lawyers can walk you through the process.
Our services include the following:
- Business – Setting Up, Buying & Selling
- Leases – new and renewals
- Company formations
Useful information from MBIE
- Business Support – https://www.business.govt.nz/