Lease Arrangments
3. Lease Arrangements
The existing lease needs to be checked for compatibility and consistency with the proposal. Specifically it needs to be determined if the proposal is allowed under the current lease conditions and if the proposal is within or outside of the lease area.
The length of the lease needs to be sufficient to make the investment worthwhile. The length required on the lease will depend on the size of the project.
Changes may need to be made to the lease, which can become complicated particularly where the lease is for Crown Land (which is the case for most clubs).
Seek specialist advice if needed to negotiate and understand the lease conditions.
Estimated Timeframe: 1 - 6 months
Some Useful Links:
Suggested Professionals:
- Lawyers
Checklist
- Lease length and terms