SDM Law provides practical and efficient commercial property solutions.
Our advice includes:
- Sale and purchase of commercial property including industrial, office and retail property
- Due diligence
- Structuring the financing of commercial property transactions
- Leasing and subleasing
- Development of commercial property including unit title developments
- Advice on body corporate issues
Commercial property transactions require careful attention to detail and thorough due diligence. Our team has extensive experience across all types of commercial property and can ensure your transaction proceeds smoothly.
Frequently asked questions
Should include title searches, building/compliance reports, environmental assessments, lease reviews, financial analysis, zoning compliance, structural/seismic reports. Check building codes, infrastructure, rates.
Key terms: rent amount/review mechanisms, lease term/renewal options, permitted use/restrictions, maintenance/repair obligations, insurance requirements, assignment/subletting rights, rent review procedures.
Typically occur every 2-3 years based on market rent, CPI increases, or fixed percentages. Lease specifies method/timing. If parties can't agree, may go to arbitration/expert determination.
Options include bank mortgages, non-bank lenders, vendor finance, syndicated loans for large properties, development finance. Require higher deposits (20-40%), higher rates, shorter terms than residential.
Take the first step towards resolution and legal success.
Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.