Commonly parties enter into leases without availing themselves of legal advice. Routinely this results in entering a lease without understanding the pitfalls and problems that these documents can cause. As a tenant, knowing your rights can save you significant financial hardship in your business venture. As a landlord, your property is a valuable asset that warrants suitable care and protection. Regardless of which side of the leasing transaction you find yourself on, failing to understand your obligations and comply with the relevant legislation can mean loss of revenues or penalties. It pays to have legal advice before you begin.