Renting premises: what to check in the lease
The key clauses of a lease agreement worth reviewing before you sign.
Before signing a lease, check carefully how long it runs for, how much the rent is and how it will be indexed, and on what terms either side can end the agreement.
Deposit and condition of the premises
Set the deposit precisely and record the condition of the premises at handover. This makes settling up at the end of the lease far easier.
Who pays for repairs
The lease should state clearly which party is responsible for day-to-day repairs and which for defects caused by wear of the building’s installations or structure.
This article is for general information only and does not constitute legal advice on any specific matter.
