A Lease is a contract conferring a right from one person (lessee) to possess property belonging to another person (lessor). A Lease is a legally enforceable document that sets out the rights and the restriction of the Lessee and Lessor.
At Westley DiGiorgio Norcock, we can draft a Lease that protects the lessor’s property, whilst allowing the lessee to occupy and use the premises or land for their benefit.
The Leases we specialise in are as follows:
A Residential Lease is the formal arrangement between a tenant and landlord to Lease a home or unit. We can negotiate and draft a Lease which outlines the duration of the Lease, the payment of rent as well as ensuring the landlord’s property remains protected from damage and the landlord has recovery options from tenants who fail to pay agreed rental arrangements.
A Commercial Lease is necessary where a business owner leases the premises in which they trade. Given that a number of small businesses fail within the first few years of trading, it is important that a skilfully drafted Lease is in place to ensure that both the tenant and the landlord are protected in the event that the business fails.
It is becoming increasingly common for a farmer to wind down and Lease a section of land to an ambitious and enthusiastic farmer looking to expand. A prudent farmer would have a Lease in place to ensure that the land is not damaged irrecoverably throughout the duration of the Lease.
At Westley DiGiorgio Norcock we can advise the lessor and lessee as to their obligations and create a Lease that is favourable to both parties.