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3 legal considerations when moving into a new commercial property

Signing a new commercial property lease requires understanding a number of different areas.

Businesses that are looking to move into new premises will face a number of legal processes before their staff can start occupying their new work stations. For a growing business, there will often be a range of issues to keep in mind if they want to achieve a smooth transition.

To help, here are three of the main considerations companies will need to consider when finding a new premises:

1) The condition report

Before moving into a new commercial property, business owners will need to receive a condition report. This will lay out the state of the commercial space you are moving into, along with any major pieces of equipment that come with a new premises.

This information is important for new tenants, as it will give an insight into any maintenance issues they might affect their work, along with any fixtures you will need to supply yourself. 

It is also advisable for companies to take pictures of the state of a new premises, as this will help to support the details contained within a condition report.

2) Your leasing arrangement

Unless a business owns a property outright, they will need to enter into a new leasing arrangement when they look to move into a new property.

The leasing agreement should cover a number of different areas, including the date of occupation, the length of the lease and what conditions will lead to the document being terminated. Depending on your situation, it will also be worth negotiating as much flexibility as possible from the lease, especially if they are unsure how long they will stay in a space, for example. 

3) Ensure your site remains compliant with OHS regulations

When you choose a new business premise, and then move their equipment into the space, it is important to make sure these remain compliant with regulatory demands. Failing to do so may mean your business is fined and leave you with further costs to rectify the issue.

For more on the legal obligations that come with occupying a new property, make sure to contact a commercial lawyer.