Usually, your managing agent prepares your Residential Lease, either as the Landlord or the Tenant.
As a Landlord, your Residential Lease may be slightly different to the normal (e.g. you are leasing part of the residence, you are leasing furniture, you are leasing to multiple parties etc) or you do not agree with the standard Residential Lease.
As a Tenant, you may wish to have your Residential Lease reviewed in case the Landlord is over-reaching in its power or you are unsure if there is a clause in the Lease that may be illegal.
Why do you need a lawyer?
The laws are skewed against Landlords and are more favourable for Tenants. As a result, it is important to ensure that the Lease is in plain English and in writing so that there is no room for dispute and you have something to rely on.
As a Landlord, in the above instances, you should make sure that you have a proper lease in place which protects you as the Landlord.
As a Tenant, in the above instances, you should have your lease reviewed to ensure that your rights are preserved.
Alternatively, you may have already entered into a Lease and something has gone wrong (e.g. the tenant will not pay rent and will not move, the Landlord will not fix an issue with the property) and you want to know what your rights are under the law and the Lease. You should seek advice in relation to your rights and what options you may have.
How we can help you?
We have fixed pricing for drafting standard residential leases. We are aware of the commerciality of drafting a Lease and ensure that this does not outweigh the rent that you receive. We can assist with negotiations of the terms of the Leases from simple leases to complex matters.
In relation to any disputes regarding Leases, we always consider and provide practical solutions to achieve your desired goals. We provide you with all the options and help you to decide which one is best for you.
Our property and litigation team work closely under one Partner, Vivian Nguyen, and therefore, our property team are constantly aware of the pitfalls that landlords and tenants fall into.