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Entering into a commercial lease? Don’t make this stupid mistake

I have been taken aback by the level of naivety I have recently encountered regarding commercial leases. Small business owners, entrepreneurs, solo business owners. All these individuals I would expect to approach any commercial transaction with a good degree of caution. And scepticism. With a healthy reluctance to accept promises and statements made as part …

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Agreement for Lease Versus the Lease Itself-What’s the Difference or Purpose?

Are you considering taking a commercial lease and you are being asked to sign an “agreement for lease” first? Wondering what’s the difference? Or what is the significance, if any? Let’s take a look. Lease A lease sets out the terms and conditions under which a lessee will occupy a premises on an exclusive basis. …

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Why Reviewing a Commercial Lease Alone is Of Limited Value

I am often asked by budding entrepreneurs to review the lease of a commercial premises which is part of a small business they are considering purchasing. The entrepreneur, understandably, is trying to avoid as much avoidable expenditure as possible and wants the lease reviewed for a competitive fee. I can do that, of course, without …

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A Licence to Use Photographs

Are you a photographer? Do you need a licence to use your photographs? I can supply you with a licence agreement to use your photographs. The licence contains the following sections: Background Parties Definitions Duration of the licence agreement The grant of the licence-for example, is it exclusive, non-exclusive, transferable, use etc. The licensee’s obligations …

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