NSW issuing a new retail lease

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Dee Mee

Member
16 July 2018
1
0
1
I am negotiating with a potential lessee re leasing my building to him. He has a company & I want to know is it better fro ME to issue the lease to an individual or a company? My instinct tells me go individual in the event of trouble down the track ( Directors often hard to pin down )
 

DMLegal

Well-Known Member
28 May 2018
187
33
514
You can enter into the lease with the company and have a directors guarantee for the rent.