As a business owner, you may need to lease a property to run your business. Alternatively, you may own property that you wish to lease to a business in New Zealand.
Either way, you will need a lease. A lease is a type of contract that outlines the obligations and rights of both the property owner (the landlord) and the person or entity leasing the property (the lessee).
The lease sets out such things as:
- the length of the lease (term);
- payment provisions; and
- maintenance and repair requirements.
LegalVision’s articles on property and leasing explain common issues you may encounter as both the landlord or the lessee. Based on our lawyers’ experience, they explain common themes and issues, such as entering into or exiting a lease.
