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     Commercial Lease
   
Lease a commercial property. Individual, Company, Trust or Self Managed Superannuation Fund as Landlord. Fully compliant with 1 July 2007 Commonwealth legislation being the "Plan to Simplify and Streamline Superannuation".
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About the Commercial Lease

Lease Agreement for Commercial property owned by SMSF or Company or Individual or Trustee of a Trust
Do you want to rent out a Commercial Property? Or do you want to lease a Commercial Property owned by your Self Managed Superannuation Fund?

This Commercial Lease Agreement creates clearly enforceable legal rights and obligations that are binding on both the Landlord and the Tenant. It can be used for small Commercial Leases. It can be used for leases from your Self-Managed Superannuation Fund to related parties.

All LawCentral documents comply with the Superannuation Industry (Supervision) Act 1993. All documents comply with the relevant property legislation in all Australian jurisdictions. All documents adhere to Best Practice Guidelines.

Self-Managed Superannuation Funds
The primary objective of a Self-Managed Superannuation Fund (SMSF) is to provide for the members’ retirement. Therefore, the trustee needs to ensure that the SMSF is getting a market rate lease return from the lease agreement otherwise the fund may be declared non-complying by the Australian Tax Office. The trustee and members require the protection that this Commercial Lease Agreement offers.

Be aware.
If you are trying to deal in retail shops or premises then this lease agreement will not be legally binding.


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This document has been prepared by: Thomas Henn

  Thomas Henn
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