A commercial lease is a legally binding contract between you and the landlord of a premises for a fixed period of time.
As a tenant, you cannot simply end your lease at any time you wish.
But, if you no longer want to use your premises and your lease has not yet ended, you have three options, which include:
1. surrendering your lease;
2. assigning it; or
3. subletting it.
Download this factsheet and learn about these three ways you can end your lease.
About LegalVision
LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 100,000 businesses. The firm was awarded NewLaw Firm of the Year at the Australian Law Awards and named fastest growing law firm in APAC by the Financial Times.