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Early termination clauses in commercial property cover the right to end a lease before its fixed term, typically through a break option that can be exercised by the tenant or landlord on notice. A solicitor in this area drafts, negotiates and clarifies the terms, notice periods, conditions and any financial consequences, such as rent or service charge adjustments, that accompany an exercised break. They also review how other lease covenants interact with the break, and assist with any related registrations or formal dispositions.
This work handles the drafting and negotiation of break rights, including the precise notice period, conditions precedent, and any rent or dilapidations implications if the break is exercised. It also involves advising on how break timing affects rent reviews, repairs, and other lease covenants, and coordinating with landlords, tenants and letting agents to ensure the option operates as intended.
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Tagged solicitor Ravi Talwar
I've used Athilaw on a number of occasions now for property purchases both residential and commercial and they've been really helpful. Easy to communicate with and always willing to push the vendor and their solicitor where required.
Review left by Jason
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Tagged solicitor Lorna Fraser
I went to Darwin Gray seeking help with the transfer of ownership on a property, and Lorna (Fraser) was excellent. She was professional and timely, regularly going out of her way to give me the correct advice. She made the process, which had been stressful prior to her involvement, really easy to follow and I wouldn't hesitate to procure her services in the future. Thanks again Lorna!
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Tagged solicitor Stephen Carew
First class service from start to finish. Invaluable advice on a problem with a lease that was successfully resolved. I would definitely recommend this company.
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