Use this checklist to organise questions for your property, legal and technical advisers. Resolve the points that matter to your business before you sign. The final documents need a review that reflects the specific property and transaction.
Confirm the space and how you can use it
Begin with the unit itself. Match the proposal, the plan and the handover specification to the space you have inspected. Ask your advisers to identify the approvals and permitted uses that apply to your intended operation.
- Premises: confirm the unit, area basis, access and shared facilities.
- Intended use: verify that your business activity and proposed works can be accommodated.
- Condition: document the handover condition and responsibility for outstanding work.
Understand the full financial commitment
Request a written breakdown of the amounts payable before occupation and during the lease. Put the figures into a cash-flow plan for the period you expect to use the property.
- Rent: check the calculation, payment schedule and increases.
- Additional charges: identify maintenance, parking, utilities and other applicable amounts.
- Deposit: confirm the amount, adjustment provisions and conditions for return.
Review the terms for staying and leaving
Have a qualified legal adviser explain the obligations you are accepting and any provisions that need negotiation. Keep important agreements in the final documentation, including responsibilities that arose during site visits or commercial discussions.
- Term and exit: review commencement, break provisions, notice and any lock-in.
- Repairs and alterations: establish who maintains the property and approves changes.
- Renewal and handback: confirm the process, notice requirements and end-of-term obligations.
