Our Leasing Process for Commercial Properties
At MJ Asset, we ensure a seamless leasing experience for landlords and tenants through our comprehensive process. Here’s how we manage commercial property leasing:
1. Initial Consultation
We start with a detailed consultation to understand your specific leasing needs, whether you’re a landlord looking to lease your property or a tenant seeking the ideal commercial space.
2. Property Assessment and Marketing
For landlords, we conduct a thorough assessment of your property to determine the optimal rental rate and develop a tailored marketing strategy. Our professional photos and targeted advertising attract high-quality tenants.
3. Tenant Screening
We implement a rigorous tenant screening process that includes:
- Interviews
- Credit and background checks
- Reference checks from previous landlords and employers This ensures we find the right tenant who meets your commercial requirements.
4. Lease Agreement Preparation
Once a suitable tenant is selected, we draft a comprehensive lease agreement that complies with New Zealand’s Property Law Act 2007. This agreement outlines all terms and conditions, ensuring clarity for both parties.
5. Ongoing Management
After the lease is signed, we manage all aspects of the tenancy, including:
- Rent collection
- Maintenance coordination
- Regular property inspections
- Communication with tenants to address any issues
6. Rent Reviews and Renewals
We monitor market conditions and handle rent reviews periodically to ensure rental rates remain competitive. When lease terms are nearing completion, we assist tenants in exercising their rights of renewal for a smooth transition.
7. Termination and Transition
When a lease ends, we manage the process of tenant turnover, including final inspections and any necessary property restorations. Our goal is to minimize downtime and keep you informed throughout.
