You MUST seek advice from a qualified professional before using this lease to check that it meets your specific circumstances. A Retail Lease Agreement is a legal document that can be used when a commercial property is being rented from a landlord (lessor) to a tenant (lessee). This document will create a legal relationship between the landlord and tenant; and will allow the parties to the agreement to outline the terms, rights and legal obligations of both the landlord and tenant under the lease. 

Generally, whether a property can only be rented through a retail lease will usually depend on questions relating to the size of the property being leased and/or what the property is going to be used for under the lease. As the exact requirements for retail leases do vary with each state and territory, we recommend that this Agreement only be applied to leases in NSW.

A completed Form 07L must be attached to this lease for it to be valid. This form can be found on the NSW Land Registry Services website.

Use this Retail Lease if:

• You want to lease a retail space such as a store. 
• You want to ensure that your commercial property is used in a manner that was intended or agreed upon.
• You want the other party to be aware of the conditions of the property’s use and the consequences of non-compliance with those conditions. 

What does this Retail Lease Agreement cover?

•  Landlord and tenant identities
• Property being leased
• Tenant conditions
• Length of the lease
• Option to renew the lease or sublease
• Rent amount and frequency of payments
• Termination conditions 
• Rights after a breach

Further Information:

• What’s the Difference Between a Commercial Lease and a Retail Lease?