Renting Property

June 20, 2017

Sharing Space

More and more businesses are choosing to share office space. Not only does it allow them to make new contacts, but sharing a property or renting out a part of your property might be a sound way to save costs or supplement your business income.

Safeguard yourself by formalising the details in a Co-working Space Application Form and Terms of Use. This document describes the exact space and the rental amount that is agreed upon and also includes details such as payment of utilities and whether Internet, phone lines, printers, and copiers are provided. Having these matters recorded in the appropriate legal document will avoid confusion later on. You should always make sure you have permission from the landlord before entering into such an agreement.

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