This unit specifies the skills and knowledge required to establish a commercial property lease. It includes working with potential lessees to assess their suitability for the lease and obtain agreement to lease terms and conditions following lessor instructions. It also includes preparing and administering lease documentation, approvals and payments and negotiating with parties to the lease to formalise lease arrangements.

This unit applies to industry professionals in real estate. State or territory licensing requirements may apply to this unit, which is an elective unit (Commercial Sales and Leasing) forming part of the qualification CPP41419 Certificate IV in Real Estate Practice.

At the end of this unit, you will be able to:

• Respond to lessee enquiry for commercial property lease

• Disclose terms and conditions with lessee

• Negotiate agreement for commercial property lease

• Facilitate completion of lease for commercial property