Western Australia Commercial / Industrial Premises Lease

Lease commercial or industrial space in Western Australia to a tenant with this Commercial ⁄ Industrial Premises Lease.

This form of lease SHOULD NOT be used for retail or other premises to which the Commercial Tenancy (Retail Shops) Agreements Act applies. Provisions of the Lease include:

Procedure for market rent reviews.
The tenant has an option to renew the lease for a further term if not in default.
The tenant must pay rates, taxes, and utility charges for the premises, any GST applicable to any payment, stamp duty on the lease, and any other costs payable by the tenant under the lease. The tenant must also pay reasonable legal costs for enforcing the lease.
The lease assumes a guarantor will be guaranteeing the tenant's obligations, and contains Guarantee and Indemnity provisions.
The tenant must obtain all necessary insurance (public risk, comprehensive, worker's compensation) for the premises and the business.
The landlord must insure the building for full replacement value.
Includes a set of Building Rules and Regulations.

This Western Australia Commercial ⁄ Industrial Premises Lease template is a fully editable Microsoft Word form.