|Leases and Tenancies|
Whether you are a residential tenant or landlord, or a commercial tenant or landlord you may well need advice on the interpretation and meaning of various provisions in your lease or tenancy and how your position is affected by the extensive legislation which affects both long and short term type of leases.
A lease is a contract whereby the owner of the property, the Landlord, grants exclusive possession of the property for an agreed period to the tenant. The lease document will set out the terms of the agreement including details of the Landlord and Tenant, the address of the property and the length of the rent payment obligation.
There are several different methods for leasing property, but regardless of the lease offered, both the Landlord and Tenant have various obligations to one another. For example, a tenant has to pay rent, rates and taxes, and may have to pay for repairs either internally or externally. In return, a landlord may be responsible for the insurance and upkeep of the building generally.
Hansell Wilkes & Co will advise you specifically as to your obligations and benefits under any lease or tenancy agreement whether existing or proposed.