Our business lease agreements integrate the draftsman's 20-years of experience of leasing commercial property with a comprehensive legal framework that provides excellent protection for the landlord and a wide range of options to suit almost all requirements. All our business lease agreements include the provisions you would expect as standard, such as one for a guarantor. Full guidance notes with each document explain your options.
Self contained office lease agreement
This is an easy to use lease for letting the whole of an office building to a single tenant for business purposes. Features: guarantor provision; break provision; rent review options; draft agreement for a security deposit; options for assignment; no sub-letting; no management or service charge.
Business lease: suite of offices
This lease is for letting part of a multi-tenanted building for offices or business purposes. The building could be a modern office block or offices above retail space. Features: guarantor provision; break provision; rent review options; draft agreement for a security deposit; options for assignment; no sub-letting.
Business lease: offices above shop
This is a comprehensive but uncomplicated business premises lease for letting self contained office or storage space above a shop or other workspace. There is no provision for shared services or service charge recovery. Features: guarantor provision; break provision; rent review options; options for assignment; no sub-letting; no management or service charge.
Shop lease agreement
This is a lease for a self contained lock-up shop. It could be in a parade or detached. It does not require provision for service charge recovery. It may be pure retail or it may have offices or other business space attached. Features: guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Lease of shop in parade with flat over
This is a comprehensive lease for letting a shop or other retail unit with a flat or maisonette above for the tenant to live. The shop could be used for any purpose for example: sale of goods, restaurant, cafe or sale of services (e.g. estate agency or PC repair). Features: service charge provision; guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Business lease: shop in parade
This lease is for letting a single shop or retail unit in a multi-tenant parade owned by the same landlord. The shop could be used for any purpose; for example: sale of goods, restaurant, cafe or sale of services (e.g. estate agency or PC repair). Any upper parts of the building are let separately. Features: service charge provision; guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Restaurant lease agreement
This letting agreement is for any property with a commercial kitchen. That is, a restaurant, café, delicatessen or fast food outlet. The lease allows for the property to have space used for other business purposes too, such as offices above. Features: guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit; schedule covering kitchen and cooking equipment; draft agreement for security deposit; schedule covering kitchen and cooking equipment.
Workshop lease agreement
This is a comprehensive and easy to use lease for letting a workshop, barn or other self contained building of any size, for industrial, storage or mixed use. Features: guarantor provision; break provision; rent review options; options for assignment; no sub-letting; no management or service charge.
Lease agreement: pub or restaurant with flat over
This is a comprehensive lease for letting a pub or licensed restaurant with a flat or maisonette above for the tenant to live. The premises may be detached or connected. Features are: service charge provision; guarantor; break provision; rent review options; option for assignment; sub-letting not allowed; draft agreement for security deposit.
Business lease: land, either vacant or with plant or buildings
A lease of land for any business use, for example, plant or equipment storage or a scrap yard. The lease provides for use of any buildings and/or items of plant on the property. Features: guarantor; break provision; rent review options; options for assignment and sub-letting; draft agreement for security deposit.
Business lease: unit on industrial park
A comprehensive, professionally drawn business lease for a unit on an industrial estate or a business park. The use could be for any purpose, such as a workshop, factory, depot or warehouse. The unit could be one of a block under one roof or a stand-alone building. The lease includes the use of shared services on the park or estate, such as security, access roads, signs and parking and many other practical points. All the features you would expect and many practical options.
Car park lease agreement
This professionally drawn lease is specifically for a car or lorry park. It provides for practical matters relating to the parking infrastructure on the land and how the park will be operated. Features: guarantor; break provision; rent review options; options for assignment and sub-letting; draft agreement for security deposit.
Sublease agreement for commercial property: landlord involvement
This sublease includes optional provisions that give the head landlord additional rights when dealing with the subtenant. It can be used to sublet part of or the whole of any commercial property, including offices, shops, industrial units such as factories, warehouses and workshops, and land. Features: new guarantor; release of old guarantor; break provision; rent review options; drawn for the property owner or experienced property professionals.
Underlease agreement for commercial property
This under lease (also called a sublease) is suitable for subletting any commercial property as a whole, or for subletting part of the property to one or more subtenants. It can be used to sublet any kind of business premises including offices, shops, industrial units such as factories, warehouses and workshops, and land. Features: new guarantor; break provision; rent review options; drawn for property owner or experienced property professional.
Deed of variation of lease
A simple deed of agreement between a landlord and a business tenant to change the terms of any lease. Change as much or as little as you wish. It provides the structure in simple terms for you to insert the actual changes you want to make. Includes text for some of the commonest reasons to need this document. Use for any commercial lease.
If the document isn’t right for your circumstances for any reason, just tell us and we’ll refund you in full immediately.
We avoid legal terminology unless necessary. Plain English makes our documents easy to understand, easy to edit and more likely to be accepted.
You don’t need legal knowledge to use our documents. We explain what to edit and how in the guidance notes included at the end of the document.
Email us with questions about editing your document. Use our Lawyer Assist service if you’d like our legal team to check your document will do as you intend.
Our documents comply with the latest relevant law. Our lawyers regularly review how new law affects each document in our library.
Introduction
A lease is a longer-term right and can give the lessee the exclusive use of the property.
In a lease, the business of the tenant is less important than the type of property being let. So our agreements differ with each other through the inclusion or exclusion of terms relating to features of the building, such as those dealing with rights to display signs, rather than by who the tenant may be. Choose the right agreement by selecting the one whose description most closely matches that of your premises.
There is a high dependency on ADLS standard deed of lease which is neutral and in a tabular format. The format is just a matter of choice and it does not affect its validity. While Net Lawman templates are designed in a simple format with tailored special conditions to reflect the particular premises and the commercial terms.
The law in these documents
Commercial leases in New Zealand are governed by the Property Law Act 2007.
Terms included in every document
A lease contains many terms. We mention here only those few about which you are most likely to be concerned. If you want more precise information as to the contents of a particular document, please ask us.
We provide the words to include or exclude terms relating to the following in every lease:
- guarantor provision
- transfer or assignment to another party
- sub-letting forbidden
- inclusion of a break clause for premature termination by the tenant
- options for rent reviews
- an extensive menu of tenants' covenants to protect every aspect of the landlord's interest
These are full agreements, drawn to a higher standard than most solicitors would provide. Despite the breadth of options we provide, editing is straightforward, regardless of whether you have prior experience or not of this type of legal agreement.
We provide extensive drafting notes explaining each paragraph, and we send you a guide on how to deal generally with editing and completion.
Registration
There is no legal requirement that a lease must be registered. However, the parties have the option of protecting their interests by registering the lease under the land title register.
If you wish to assign a registered lease, you must do so by getting a ‘transfer of lease’ instrument registered by Land Information New Zealand (LINZ). A solicitor or a conveyancer does this registration.
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