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Tips for Negotiating a Commercial Lease

A commercial lease can be negotiated. Often, the landlord will hire a leasing agent who will represent the landlord on lease negotiations. The process often starts with the tenant completing an offer to lease or signing a Heads of Agreement to Lease. It is important to note that some commercial premises are categorised as ‘retail…

Quick Tips For Business Sale and Purchase

West Perth Legal has helped many business owners successfully buy or sell a business in WA. This ranges from medical practices, restaurants, trades businesses and professional services firms. We work closely with our clients on all legal aspects of a business sale or purchase from negotiation of a business sale or purchase agreement, legal due…

Are Heads of Agreement for Lease Legally Binding?

A heads of agreement for lease can be legally binding or non-binding. Typically, a heads of agreement is used to outline and negotiate the key lease terms before parties sign a binding lease agreement. So, often, a heads of agreement itself would not constitute a binding lease document. In situations where the parties did not…

When Should You Review Your Will?

If you have made a will, you have taken an important step in preserving your property for your family or other beneficiaries.  We recommend that you review your will every two years and consider whether it is affected by a major event that may revoke your will or otherwise affect it. We will explore some…

Tips For Renegotiating Your Commercial Lease

Although the Western Australian economy has fared better than its Eastern-State counterparts during the COVID19 pandemic, it is still an uncertain time and we see that many of our business clients are staying vigilant and cautious. In response to the COVID19 pandemic, the Western Australian government introduced the Commercial Tenancies (COVID-19 Response) Act 2020 (Act)…

Purchasing a house with someone? What is the difference between tenants in common and joint tenant?

If you’re purchasing a property with someone, there are two different types of ownerships …

I am selling a business, what agreements do I need?

The agreements you need to sell your business depends on the legal structure of the…

What is the difference between a Partnership Agreement and a Shareholders Agreement?

Legally, a Partnership Agreement and a Shareholders Agreement are used for different legal…