Upholding its reputation as a business-friendly environment, Malta does not pose restrictions on who may enter into commercial leases, opening up a window of opportunities for start-ups or expanding businesses. However, Maltese law requires that parties entering into a lease agreement set out clearly the conditions on which the premises are being leased.
Negotiating the Lease
Chetcuti Cauchi helps prospective lessees identify the ideal type of lease for their business, including the lease term, rent payments, rent renewal and the possibility of expansion of premises at a later stage. Acting as a one-stop-shop, Chetcuti Cauchi has helped prospective lessors and lessees convene with real estate agents and negotiate on behalf of lessors or lessees the best terms against which the property is leased.
Drafting the Lease Agreement
Benefitting from years of experience, Chetcuti Cauchi drafts agreements for the lease of retail outlets, offices, hotels, catering establishments, factories, warehouses or other commercial units. In addition, the multi-disciplinary team at Chetcuti Cauchi also assists with the attainment of the necessary permits so that commercial activity may take place in the premises.
Lease Support Services
Through its network of collaborators, Chetcuti Cauchi also provides other ancillary services, such as property valuations and conducting inventories as may be required. Additionally, Chetcuti Cauchi provides administrative services including timely reminders of when rent is due, payment of rent due and rent-collection services.
