• Commercial Property Leasing Agency Agreement

    Schedule
    Commercial Property Leasing Agency Agreement
  •  
  • 1. Landlord

  • Primary Contact Address

  • Telephone

  • 2. Agent

  • Telephone

  • 3. The Property

  • Certificate of Title Reference

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  • 4. Type of Agency

  •  - -
  • 5. Rental and Lease Conditions

  • Standard Lease    The Standard Lease Terms (subject to this Item) to comply with those prepared by  

     

  • Terms

  • Premises

  • Rental

  • Method of Rental Payment

  • Rent Reviews and Periods

  • Payment of Outgoings

  • Outgoings

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  • Common area costs

  • Insurance

  • 0/95
  • Sinking/Marketing Fund

  • Utilities Available (and payable by tenant)

  • Mortgagee

  • Consent

  • Bond

  • Guarantees Required

  • Incentives to be included

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  • 6. Forms to be served by the Agent

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  • 7. Work Health and Safety Act 2012

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  • 8. Professional Fee

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  • For the purposes of this Agreement, "Gross Annual Income" means the total potential income from the Property averaged over the initial term of a Lease (that is, excluding any period of renewal or extension of the Lease). It includes

    • the rent payable under the Lease (including fixed rent reviews)
    • any other amount payable under the Lease instead of or in addition to the rent; that is, any Property outgoings, including statutory charges such as Land Tax, Goods and Services Tax, Council Rates, Water Rates etc., and any other expenses payable by a tenant under the Lease
    • the value of any discount or inducement to lease
    • additional payments by the Landlord under the Lease for fitouts, fittings, furniture etc.
    • any other payment required to be made by the tenant under the Lease.
  • The calculation of the Gross Annual Income does not include a deduction attributable to a rent deduction or other incentive to lease.

    For example

    • if the rental income from a lease is $10,000 per annum but subject to a rent discount of $2,000, then the relevant amount for the purpose of calculating Gross Annual Income is $10,000;
    • if the rental income from a Lease is $10,000 per annum but the Landlord provides a $5,000 fitout as an incentive to lease, then the
      relevant amount for the purpose of calculating the Gross Annual Income is $15,000.
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  • 9. Expenses

  • 10. Property Availability

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  • 11. Other Terms and Conditions

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  • 12. Notices, Orders or Charges(Including Environmental Protection Particulars )

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  • Should be Empty: