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Vacant Commercial Land Lease Agreement Template

Just like all real estate, vacant land is valuable. A simple way to make money off your vacant land is to allow others to use it for storage purposes. As the landowner, you can gain a steady income from a reliable, long-term tenant without ever losing access or ownership to your land.

Entering into a formal arrangement with another party can seem like a daunting task, mainly because of the hefty costs involved. But what if there was a way to rent your vacant land without spending hundreds of dollars on legal fees?

RP Emery has the solution for you!

Meet Sam. Sam owns a large block of land in regional NSW. Most of his plot is currently vacant and he is looking to make some extra money.

Sam is approached by Dave, who is looking for unused land to store his earthmoving equipment. Sam jumps at the opportunity and wastes no time speaking to his local solicitor. Unfortunately, this excitement is short-lived after Sam learns that it will cost him at least $1200 to draw up the lease.

Sam decides to do some research online instead. He comes across a vacant commercial land lease template that he can download and complete himself. He makes sure to fill in the key details of his deal with Dave, including –

• The name and addresses of both parties;
• The address of the vacant land;
• The rent and how it will be paid;
• How the land can be used;
• The security deposit; and
• Whether there will be an option for extending the term

Sam and Dave sign the Agreement and the deal is wrapped up, all in the space of half an hour.

The importance of having a written document in place

Having a well-written document in place provides greater certainty for both parties by clearly setting out the terms of the letting relationship. In the event of any disagreement, you can also refer back to the Agreement to quickly resolve issues and avoid the risk of legal proceedings.

Without a written framework to deal with common breaches such as late or non-payment of rent or damages to property, resolving a dispute will often come down to one person’s word against another.

Why not save yourself the stress and hassle by using our professionally drafted Vacant Commercial Land Lease Agreement. Priced at just $79.95, it’s a fraction of what a solicitor would typically charge.

Buy Vacant Commercial Land Lease Agreement Kit

Inside your kit, you’ll have everything you could possibly need to manage the rental of your vacant land, including
• A professionally drafted Vacant Commercial Land Lease Agreement provided as a fully editable Word document
• A comprehensive and easy-to-follow Users Guide
• A Tenant Application Form
• Friendly Customer Support

Once purchased, simply download your Agreement, fill in the correct information and print. It’s that easy.

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Important provisions included in your Commercial Land Lease Agreement

Our Agreement template covers all the essential terms and ground rules of the relationship, so there’s no need to worry about whether you’ve forgotten to include something important.

The Agreement contains the following provisions

• Interpretation
• Property
• Permitted use
• Security deposit
• Term
• Rent
• Option to Renew
• Rent Review
• Vacant Possession
• Copy of Agreement
• Tax Invoices and Receipts
• Continuation
• Utilities
• Approvals for Use
• Prohibited Uses
• Tenant Care and Use of the Property
• Indemnity
• Release
• Insurance
• Responsibility for the actions of others
• Assignment and Subletting
• Landlords access
• Costs
• GST
• Statutes
• Notices
• Mitigation
• Termination
• Dispute Resolution
• Renewal
• Guarantors Liability
• Special Conditions

 

Australian Law

Our Agreements are drafted to comply with Australian Law

Professionally Drafted

The agreements are professionally drafted by Australian Law Experts

Instant Download

No Need to Wait. Download the Agreements Instantly

Easy to use

Plain English - No Legalese. Your Agreement is easy to use, edit and understand