This episode explores the nuances of planning to enter into a new lease. It take a practical approach in considering initial due diligence and planning requirements, having a fit-out plan, negotiating lease incentives and other key terms of a lease, clawback provisions and stressing the importance of drafting clear and concise lease documents. It addresses the potential financial risks for tenants and landlords, illustrating the importance of negotiating agreeable terms and ensuring these are drafted to protect both parties' interests. The discussion also touches on the potential consequences for a tenant and landlord in ownership of the fit-out.