Lease agreement
Secure Your SMSF Property with Compliant Lease Agreements
SMSF Lease Agreement services are crucial for any Self-Managed Super Fund that leases property, especially to related parties. At SMSF Depot, we offer ATO-compliant SMSF Lease Agreements tailored to meet superannuation rules for both commercial and residential properties. Our professionally drafted agreements ensure your fund remains compliant, protects your investment, and aligns with ATO regulations across Australia.
Why a Written Lease Agreement is Essential
While the ATO doesn’t mandate written lease agreements for SMSF-owned properties, having one is highly recommended. A formal lease agreement:
Clarifies Terms: Defines the rights and obligations of all parties involved.
Demonstrates Arm’s Length Transactions: Especially crucial when leasing to related parties, ensuring transactions are on commercial terms as per Section 109 of SISA.
Facilitates Audits: Auditors often request lease agreements to verify compliance with in-house asset rules.
For instance, leasing a commercial property to a related party without a formal agreement could breach the arm’s length requirement, leading to potential penalties.
SMSF Depot's Comprehensive Lease Agreement Services
Our team of SMSF specialists offers:
Customized Lease Agreements: Tailored to your property’s specifics and compliant with SMSF regulations.
Expert Guidance: Assistance in understanding and implementing lease terms that meet legal standards.
Ongoing Support: Continual updates to your agreements in line with legislative changes.
By partnering with SMSF Depot, you ensure that your SMSF’s property leasing activities are both compliant and optimized for your retirement strategy.