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The Pitfalls Of Not Using A Property Solicitor During An Office Relocation

Taking on a new commercial property can have you asking lots of questions and legal uncertainties. Before you sign anything consulting a Property Solicitor would safe guard you from any pitfalls. Many companies have fallen into the save money trap by not employing a Property solicitor to check all the legal aspects and safe guard their legal rights. This is more costly in the long run and has been the severe down fall of many a business.

To ensure you safe guard your business please read through some of the key pitfalls we have created for your use to avoid this happening to you. Whatever your circumstances, it is essential to choose a property solicitor who is up to date with current commercial property law issues and negotiates commercial leases for a living!

  • So what are the key pitfalls of not using a Property Solicitor for your office relocation?
  • Always get your lease checked by your Property Solicitor to ensure it has the terms you negotiated are correctly laid out.
  • Always get your Property Solicitor to explain your legal obligations as a tenant so there is no ambiguity.
  • Miscalculation of your Stamp Duty Land Tax and failure to complete the tax return correctly leading to penalties and interest due.
  • Always get you’re your commercial lease registered with the Land Registry Office so that you have a good legal title to the lease.

If you ever want to sell or transfer the office lease or your business, an onerous lease or failure to have registered the lease might well jeopardise the deal.

Using a Property Solicitor will minimise your exposure to potential liabilities and ensure the agreed terms are reflected accurately in the office lease.

To find an approved Property Solicitor to take care of the legal issues when moving office, use our search facility to locate property solicitors in your area. Read the Deadly Sins Of Moving Office to ensure you avoid pitfalls in other areas of your office relocation.

 

Planning an office move? Go the office relocation planning resource centre

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