Can anyone give a guide as to how much we should expect to pay for a solicitor to prepare a commercial lease? We are going to lease out part of our SMSF owned industrial unit. At present our own business rents the entirety from our SMSF. A condition of our SMSF loan is that any lease/sub-lease/partial surrender etc must be approved by the lender and then registered.
The quote from the solicitor is $2300 plus expenses and they reckon they are not charging us to alter the existing lease ie this cost is supposedly only to prepare the new lease for the new tenant for a 2 year period with a 2 year option. I can't find any information to use as a comparsion but thought that sounded a bit expensive?
Wake
The quote from the solicitor is $2300 plus expenses and they reckon they are not charging us to alter the existing lease ie this cost is supposedly only to prepare the new lease for the new tenant for a 2 year period with a 2 year option. I can't find any information to use as a comparsion but thought that sounded a bit expensive?
Wake