Commercial Property Transactions
There are many factors to consider when buying a business, including the terms of the lease (if the premises are leased), your business structure (ie: will you operate as a partnership, trust, company or sole trader) and licensing requirements (if any).
For sellers, you need to get the contract right and ensuring that proper disclosures are made in respect of the business such as the registered business name, the lease, inventory etc.
You should always seek the assistance of professionals such as Accountants and Lawyers before your sign a contract to ensure that your rights are protected.
The success of any commercial enterprise starts by getting it right from the outset. The assistance of an experienced local Lawyer is worth it’s weight, in gold, in this regard.
The Lawyer can warn of hidden dangers and pitfalls - all of which only comes from years of experience helping novice and, sometimes not so novice Clients embarking on the road to investment and future financial security.
Matters such as using the correct entity e.g. Companies or Trusts as opposed to the individual can have significant and long term benefits.
Our Lawyers also have immediate access to experts to advise on Tax matters and Family Trusts. This will help create significant avenues for the division of income to take completely legitimate advantage of Australian Tax Laws.
A phone call is all that is needed for a time to have a chat to consider the possibilities. Call us on 1300 768 719 or send us an enquiry.
If you are unfortunate enough to become involved in a dispute over a Contract for property, the sale of an asset or for services, you certainly need the help of a professional to resolve the matter without it costing you a fortune. We can help you here.
The legal history books are full of cases where Contracts led to disputes and litigation followed. When the dust of the ensuing legal battle settled, the parties were left scratching their heads wondering who had won and who had lost.
The simple reality was that, because of the adversarial nature of the legal advisors to the parties - all of the participants lost, and lost heavily!
In hindsight, in a great percentage of those cases, the result could have been far more successful.
It all comes with selecting the most experienced, reality driven Lawyer – one who knows that the bottom line is the financial outcome for the Client.
That is precisely what we try to achieve at Fedorov Lawyers. Call us on 1300 768 719 or send us an enquiry to arrange for an appointment.
Joint Venture Agreements
These must be carefully and precisely documented to avoid nasty consequences down the track. Remember, success is always in the planning and preparation stages – get it right from the start. We are happy to assist.
Joint Venture Agreements are a wonderful way for two or more parties with the same goals to enter into business together in a completely structured way with the aim being, at the end of the day, that money is made and the parties are all happy with their individual outcome.
This only comes with careful discussion with the expert Lawyer whose job it will be to put in place proper documents which, not only, clearly spell out the duties and obligations of those concerned but which has precise triggers should things go wrong.
Those triggers will start a process which will resolve issues of dispute in a timely, reasonably inexpensive manner to prevent an escalation and waste of the parties money.
We, at Fedorov Lawyers, have many years of experience in dealing with these types of matters and we are at your service. Contact us on 1300 768 719 or send us an enquiry to arrange for an appointment.
Many people often sign up short or long-term Leases without seeking legal advice (other than when they are compelled to, such as when they are signing a Retail Lease in Queensland).
Even a short-term Lease of 3 years with an annual rent amount of $30,000.00 plus GST plus Outgoings is a financial commitment of approximately $100,000.00. We find that many tenants do not equate obtaining legal advice in relation to their Lease as being something that warrants them spending money. However, when it is a document that requires you to spend a considerable amount of your business profit to a third party, then it is imperative that you seek advice in order to understand all of your rights and obligations under the document.
All commercial leases are drafted by the Landlord’s solicitors in the first instance and, therefore, will always be written in a way to benefit the Landlord entirely. Our role in acting for a Tenant is to attempt negotiations with the Landlord’s solicitors to amend a Lease so as to give back to the Tenant some leverage or standing.
The service that we provide includes the review of an initial offer to lease, pre-contractual negotiation assistance, review and negotiation of the final lease documents and attending to execution of same. We act for both Landlords and Tenants, whether that be for retail premises or general commercial premises. So if you are a Landlord or Tenant call us today on 1300 768 719 for a quote.
Whether you are buying or selling residential property in South East Queensland (or Queensland in general for that matter), there are plenty of cut price conveyancing firms available to you. You need to consider, however, whether the service that is going to be provided by such firms is going to protect you during the term of a transaction which will generally be, for most people, the greatest financial transaction or transactions that they ever enter into.
Before you seek to engage the services of a solicitor or conveyancer to act on your behalf, consider the following:
- What level of experience do these people have?
- Is the amount that they are quoting me a total amount or will I incur fees that I am not aware of until the end?
- Will they be available to me throughout the entire matter or will different people handle my file at different stages of the matter?
- If I need urgent assistance because an issue arises, will they be contactable at all times during business hours and, if not, who will be there to address the issue that is being raised?
At Fedorov Lawyers we promise to provide you with the level of service that you deserve and have staff who have extensive experience that will work for your matter from start to finish.
Call Fedorov Lawyers now on 1300 768 719 to get a quote on your conveyancing needs.