Leasing a commercial property
Before you sign a lease
This page has information about responsibilities under a business lease.
Your landlord must supply a Landlord Disclosure Statement at least seven days before a lease is entered into.
The Landlord Disclosure Statement should list all of the following:
- the identiﬁcation and location of the shop
- the approximate area for lease
- the proposed lease term and any option periods
- the rent payable or the method of calculating the rent
- the timing and method for rent reviews
- the tenant's share of outgoing expenses
- the permitted uses of the leased area
- the details of any work to be carried out on the leased premises
- the expected date of occupancy or the availability of the leased premises.
You must give the landlord a Tenant's Disclosure Statement within seven days of receiving the Landlord Disclosure Statement.
Taking on an assigned lease
When taking over a lease from another tenant, that tenant (known as ‘the assignor’) must give you a copy of both of the following:
- the most recent Landlord's Disclosure Statement with any changes noted
- an Assignor’s Disclosure Statement.
The assignor may also ask you to provide information about your ﬁnancial standing and business experience to be passed to the landlord when seeking consent to the assignment of the lease.
For more information, contact NT Consumer Affairs on 8999 1999 or 1800 019 319 if calling from outside Darwin.
Last updated: 05 February 2020
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