Commercial Lease

Step 1 of 8 – Landlord

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Landlord's Details
How many Landlords are there?*
Is the Landlord an individual or a company?*
- Individual
- Company
What is the Landlord's full legal name?*
First Middle Last
What is the Landlord's company name?*
What is the Landlord's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.) You can also click “Save and Continue Later” to complete this.
What is the Landlord's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Is the Second Landlord an individual or a company?*
- Individual
- Company
What is the Second Landlord's full legal name?*
First Middle Last
What is the Second Landlord's company name?*
What is the Second Landlord's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.)
What is the Second Landlord's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Is the Third Landlord an individual or a company?*
- Individual
- Company
What is the Third Landlord's full legal name?*
First Middle Last
What is the Third Landlord's company name?*
What is the Third Landlord's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.)
What is the Third Landlord's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code

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Tenant's Details
How many Tenants are there?*
Is the Tenant an individual or a company?*
- Individual
- Company
What is the Tenant's full legal name?*
First Middle Last
What is the Tenant's company name?*
What is the Tenant's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.)
What is the Tenant's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Is the Second Tenant an individual or a company?*
- Individual
- Company
What is the Second Tenant's full legal name?*
First Middle Last
What is the Second Tenant's company name?*
What is the Second Tenant's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.)
What is the Second Tenant's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Is the Third Tenant an individual or a company?*
- Individual
- Company
What is the Third Tenant's full legal name?*
First Middle Last
What is the Third Tenant's company name?*
What is the Third Tenant's company ACN details?*
E.g. 987 654 321 (Tip: You can search for a company’s ACN details on https://asicconnect.asic.gov.au by searching for the company’s name on the search bar on the top right of the page under “Organisation and Business Names”.)
What is the Third Tenant's Address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
As there are more than 1 tenant, how would the tenants like to hold the lease?*
- Joint Tenants
- Tenants in Common in Equal Shares
- Tenants in Common
For joint tenants, if one passes away, the interest of a deceased joint tenant passes to the surviving joint tenant. For tenants in common, interest passes according to the terms of their will if they have a will. If you pick “Tenants in Common”, please answer the next question about the specific shares for each tenant.

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Details of Premises
If you have previously had leases drafted for you before for the leased premises, you may wish to refer to the front page of the previous lease to fill in the requested information.
What is the Folio Identifier of the property leased?*
E.g. 1/12345 or 1/DP12345 or 2/SP3456
It is a unique combination of number and/or letters to identify any property. If you had a previous lease drafted for this premises before, it should be in “Item A Torrens Title” on the front page Please click on this link and click on “View” for “Street Address Inquiry” and enter the property details to find the folio identifier for the property.
If you are still unsure, feel free to leave this blank, complete the rest of the form and click “Save and Continue Later” and contact our friendly support staff to find out this information for you. You may also wish to seek for legal advice.
Does that Folio Identifier cover the whole of the leased premises (i.e., the premises leased is not just a part of the Folio Identifier which represents a building or a larger part of a property?*
- Yes
- No
If the Folio Identifier applies to a Whole building or property in general e.g. 1 Eastacre Street, Blackacre NSW, and your premises leased forms only a Part of that building or property e.g. Suite 1.01, Level 1, 1 Eastacre Street, Blackacre NSW and there isn’t a separate Folio Identifier for your premises, then you should choose “No”. If the Folio Identifier applies to your whole premises leased, you should choose “Yes”.
If you had a previous lease drafted for you before, usually on “Item (A) Torrens Title” of the front page, if the word “Part” is stated before the Folio Identifier, you should answer “No”. Usually, if only the Folio Identifier is stated without describing the address of the property, you can answer “Yes”.
However, please feel free to leave this blank, complete the rest of the form and click “Save and Continue Later” and contact our friendly support staff to clarify this information for you. You may also wish to seek for legal advice.
What is the full address of the leased Premises?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Will any other property in the premises be rented out?*
- Yes
- No
E.g. furniture. Please note any fixtures e.g. doors, built-in shelves, which are property attached or affixed permanently, are treated as being a part of the premises, so you do not have to mention them.

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Guarantor Details
If none of the tenants is a company, the below questions will not show. Please click “Next”.
Guarantor Details
Will Guarantor(s) be required for this Lease?*
- Yes
- No
As the tenant or at least one of the tenants is a company, it is common to require a Guarantor(s) to ensure that the Guarantor(s) agrees to fulfil lease obligations like paying rent if the tenant is not able to.
What is the Guarantor's full legal name?*
First Middle Last
What is the Guarantor's address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Will a Second Guarantor be required?*
- Yes
- No
What is the Second Guarantor's full legal name?*
First Middle Last
What is the Second Guarantor's address?*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code
Do you want a limit to the Guarantors' liability?*
- Yes
- No
E.g. the Guarantors’ liability can be capped or limited to no more than $100,000.00, meaning you cannot claim more than that amount from them. This is generally not favourable to the Landlord.
What shall be a limit to the guarantor's liability?*
E.g. $100,000.00

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Important Dates for the Lease
Click on this link to easily calculate the number of years, months or days between the commencing date and terminating date. Please select the “Include end date in calculation (1 day is added)” option.
Lease Period: What is the exact term of the Lease (please specify years, months and days if applicable)?*
How long is the Lease exactly? E.g. 2 years or 3 years, 4 months and 5 days.
Is the term of the Lease less than 1 year?*
- Yes
- No
Lease Commencing Date: What will be the Commencing Date for the Lease?*
Please spell out the date in full e.g. 18 November 2017.
Lease Terminating Date: What will be the Terminating Date for the Lease?*
Please spell out the date in full e.g. 17 November 2020. Important: When calculating the Terminating Date, if your term of Lease is a full yearly term e.g. 2 years, if the Commencing Date is 1 August 2016, the Terminating Date should be 31 July 2018. As another example, if the term is 4 years, if the Commencing Date is 10 October 2017, the Terminating Date should be 9 October 2011.
Would you like to allow an option to renew for a further term after the Terminating Date?*
- Yes
- No
This allows the Lease to be extended for a further period if the tenant decides to exercise the option to renew.
First Option Period: What is the term of option to renew period?*
How long is the option period? E.g. 2 years or 3 years, 4 months and 5 days.
First Option Commencing Date: What will be the Commencing Date for the Option Period of the Lease?*
Please spell out the date in full e.g. 18 November 2020. To calculate the First Option Commencing Date, add one day to the Terminating Date for the Lease. E.g. if the Lease terminates on 1 July 2020, the First Option Commencing Date should be 2 July 2020.
First Option Terminating Date: What will be the Terminating Date for the Option Period of the Lease?*
Please spell out the date in full e.g. 17 November 2023. Important: When calculating the First Option Terminating Date, if your option term is a full yearly term e.g. 2 years, if the First Option Commencing Date is 1 August 2016, the First Option Terminating Date should be 31 July 2018.
Would you like to allow a Second option to renew for a further term after the First Option Terminating Date?*
- Yes
- No
In addition to the First Option Period, this allows the Lease to be extended for another further period if the tenant decides to exercise the second option to renew.
Second Option Period: What is the term of the second option to renew period?*
How long is the second option period? E.g. 2 years or 3 years, 4 months and 5 days.
Second Option Commencing Date: What will be the Commencing Date for the Second Option Period of the Lease?*
Please spell out the date in full e.g. 18 November 2023. To calculate the Second Option Commencing Date, add one day to the First Option Terminating Date for the Lease. E.g. if the First Option Period terminates on 1 July 2020, the Second Option Commencing Date should be 2 July 2020.
Second Option Terminating Date: What will be the Terminating Date for the Second Option Period of the Lease?*
Please spell out the date in full e.g. 17 November 2026. Important: When calculating the Second Option Terminating Date, if your option term is a full yearly term e.g. 2 years, if the Second Option Commencing Date is 1 August 2016, the Second Option Terminating Date should be 31 July 2018.
First Day to Exercise Option: How many months before the terminating date of the Lease is the First day that you would allow the option for renewal to be exercised?*
E.g. 9. This means the Tenant can begin exercising the option for renewal 9 months before the terminating date of the previous lease period.
Last Day to Exercise Option: How many months before the terminating date of the Lease is the Last day that you would allow the option for renewal to be exercised?*
E.g. 3. This means the last day for Tenant to exercise the option for renewal 3 months before the terminating date of the previous lease period.
What is the maximum total term period for the lease and the option renewals?*
To calculate the maximum period, you can add the total term of the lease together with any other option periods.

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Rent and Payments
What will be the annual rent of the lease (exclusive of GST)?*
E.g, $60,000.00. Please insert the rent for 1 year Without GST included. The lease has provided for GST to be added in addition to this figure.
What is the monthly rent for the lease (exclusive of GST)?*
E.g, $5,000.00. To calculate this, divide the annual rent by 12 to obtain the monthly rent. Please insert the monthly rent Without GST included. The lease has provided for GST to be added in addition to this figure.
Will the Tenant be required to pay Outgoings in addition to the Rent?*
- Yes
- No
E.g. Council rates, water charges, land tax, strata levies etc. If not, the Landlord will pay for all Outgoings.
What is the proportion of Outgoings that the Tenant has to pay?*
E.g. 30%. If it is less than 100%, the remaining sum will be either paid by the Landlord, or if the leased premises is a part of a building, the remaining sum will be paid and shared by other tenants.
Will the Tenant be required to pay local council rates and charges?*
- Yes
- No
Will the Tenant be required to pay water sewerage and drainage charges?*
- Yes
- No
Will the Tenant be required to pay land tax?*
- Yes
- No
Will the Tenant be required to pay for insurance?*
- Yes
- No
Will the Tenant be required to pay for any strata levies which are not special levies or sinking fund levies?*
- Yes
- No
If the leased premises are not a part of a strata scheme, please also choose “No” as it will not be applicable.
What other outgoings do the Tenant have to pay?*
If the Tenant is late for payment of any monies for more than 14 days overdue, what interest should be charged on the overdue monies?*

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Rent Review
If the term of your lease is less than 1 year and you do not wish to have an option, please click Next.
Rent Review
On every yearly anniversary of the Commencing Date, how will the rent be reviewed?*
- Increased by a Fixed Amount or Percentage
- Adjusted by Consumer Price Index
- Market Review or Current Market Rent
What is the fixed amount or percentage that the rent should be increased by every year?*
E.g. 4% or $10,000.00
Rent for First Option Period: How shall the rent for the first option period be reviewed?*
- Adjusted by Consumer Price Index
- Market Review or Current Market Rent
Rent for Second Option Period: How shall the rent for the second option period be reviewed?*
- Adjusted by Consumer Price Index
- Market Review or Current Market Rent

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Other Information
What is the Permitted Use of the leased premises?*
E.g. Professional services office or warehouse for electronic goods
Will the Tenant be required to provide a Bank Guarantee?*
- Yes
- No
Bank Guarantee Amount: How many months of rent should the bank guarantee amount be equivalent to?*
Will the Tenant be required to provide a Security Deposit?*
- Yes
- No
Security Deposit Amount: How many months of rent should the security deposit amount be equivalent to?*
If applicable, what are the details of the strata manager or secretary of the owners corporation?
If the leased premises are not in a strata scheme, please leave this blank.
Optional: Please insert any special conditions that you wish to include in the lease.
What is your email so that we can send you your completed Commercial Lease?*
Enter Email Confirm Email
Please make sure all questions are answered before you click “Submit”. If not, please click “Save and Continue Later” so that you can continue filling it in once you have all of the information
By clicking the “Submit” button below, you agree and acknowledge that Dynamic Legal is not a law firm and does not provide any legal advice. If you require any legal advice, you should seek legal advice from a legal professional. All information, documents, data, correspondence obtained from Dynamic Legal are not legal advice and is not advice acquired from a legal professional. By accessing and completing any forms, questionnaires or documents, you agree that you are solely responsible for the completion and use of the document. Dynamic Legal does not provide any warranties or guarantees regarding any information, document, data or correspondence provided. Please read the generated document carefully to consider if it is suitable for your purposes and check your answers to the questions carefully. Should you have any queries or concerns, we recommend that you seek independent legal advice.

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Commercial Lease

Step 1 of 8 – Landlord

Landlord's Details

Tenant's Details

Details of Premises

Guarantor Details

Guarantor Details

Important Dates for the Lease

Rent and Payments

Rent Review

Rent Review

Other Information

Need Any Help?