Solicitors Advice for SMSF Loan
Queensland Legal offers tailored legal advice for SMSF loan members, ensuring they understand the intricacies and obligations involved in being a guarantor. This service, vital
Legal Advice
A Retail Shop Lease is a specific type of lease that is entered into when the space you rent is located within a shopping centre.
The Retail Shop Leases Act 1994 sets out laws which apply to retail shop leases in Queensland. It defines a ‘shopping centre’ in a certain way and you may be leasing a ‘retail shop’ even though the space is not in a major shopping centre.
We can review, advise and provide the legal advice report for your retail shop lease for you.
Our advice sessions can be by phone, online video conference, or in person in Brisbane or on the Sunshine Coast.
So what is the process.
We have a simple online booking portal to step you through the process, so just click the link and make a start.
1. We'll need to gather the essential information needed to identify you and the type of business and retail shop lease you are looking to enter into.
2. You will need to upload a copy of the draft retail shop lease and the disclosure statement provided to you by the landlord or the agent. Plus any other relevant documents that you are looking for us to review, and provide you with advice upon. Remember, you will also need to read them all yourself too!
3. We will undertake a legal review of the retail shop lease and disclosure statements, and all of its terms and conditions.
4. We will arrange a consultation with you (together with any other people involved in the business), normally taking between 60 to 90 minutes (depending on the complexities of the retail shop lease) and we'll provide our advice on the terms, and answer all the questions you have.
We act in your best interests, without regard to the interests of the landlord, the agent, or the lawyers representing them.
Our role is to ensure you understand what you are reading, how it effects you now, and how it might effect you in the future (if things go wrong).
The advice we give on our review of your retail shop lease is our honest views on it, and its reasonableness.
5. We will then complete and provide you with our Legal Advice Report (Form 12), for your own use., and benefit.
6. That's it.... it is as simple as that! There is no obligation to use our services any further. You can go away and sign the retail shop lease as is, negotiate certain terms, or walk away from the deal, it is up to you.
Important Details
Excluded Advice - Not Included in Our Services.
Financial Advice
We will not provide you (nor can we) provide any advice on the financial viability of the lease, your retail business, or your ability to meet the financial commitments of the lease.
You will also need to obtain a Financial Advice Report with respect to that financial advice.
If you do not have an accountant to provide such, we can refer you if requested.
Town Planning
We will not provide you with advice on town planning matters, or which licences, permits or otherwise might be required for your retail business.
Nor will we provide advice on building laws which may apply, or any statutory approvals which may be required.
If you do not have a town planner to provide such advice, we can refer you if requested.
So What does it all Cost?
We offer a fixed fee legal service, that is applicable to most retail shop leases in Queensland. Our fixed fee covers everything needed to provide the necessary legal advice to you, including the collection of instructions, documents, our review of the draft lease and disclosure statements provided to you, and our consultation with you. That consultation can be in person, by phone or online video conference.
We do offer some optional extras, but there is no obligation (or expectation) that you will require them, or need to take them up. You certainly will not be pressured by us to do so at all.
If you have a general commercial lease (not a retail shop lease), then you do not need a formal legal advice report, but may choose to have us review your commercial lease in any event. See our separate page on reviewing a commercial lease.
A Fixed Fee (Including GST) for reviewing the Lessors Disclosure Statement and draft Lease, together with any incentive deed, offer to lease or other document leasing document, and providing our legal advice (during a video conference), and the provision of the Form 12 Legal Advice Report for your use.
The Optional Extras
A fixed fee, inclusive of G.S.T, inclusive of applicable search fees, for undertaking formal searches of the property to be leased, and any corporate entities who own the property. These searches will identify any potential issues with the property title, any registered leases, and the correct identity of owners, and the directors of any corporate owners. Once we have reviewed the searches, we will then be in a position to advice on any potential issues that may arise.
A fixed fee, inclusive of G.S.T. If you wish, we can follow up our consultation with a formal written advice that summarises the legal advice we provided to you on the terms, risks and obligations of the draft retail shop lease, and disclosure statements.
Why Choose Queensland Legal
Queensland Legal is proudly operated by Michael Turner, the Principal Lawyer and Solicitor.
My ambition extends beyond mere legal representation; I am committed to fostering enduring partnerships with my clients, built on a foundation of trust and mutual respect.
It is my objective to continually deliver exceptional value to your business, ensuring prosperity and growth for years to come.
Let Queensland Legal be your partner in navigating the complexities of the legal landscape, securing a successful future for your business.
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How To Contact Us
We are mostly an ‘online lawyer’ and utilise technology and digital processes to provide our style of lawyering. However, when we need to meet in person, we utilise some serviced offices that are within easy reach.
We service all of Queensland online, via phone, email and videoconferencing, such as zoom, skype and MS Teams. We can meet (by appointment) at our serviced office in Brisbane and on the Sunshine Coast.
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contact@queenslandlegal.com.au
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PO Box 509 Mooloolaba
Queensland 4557
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Open 9.00am to 4.30pm Mon to Fri.
Weekends/Evenings by Prior Appointment
14 Smith Street
Mooloolaba QLD 4557
WOTSO Serviced Office
Chermside Westfield Shopping Centre
Brisbane, Queensland 4032
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Queensland Legal
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