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Monica Carelli-Polito

senior associate, property and construction

meet Monica

about Monica

Monica has always had a keen interest in property, starting work in property law whilst completing her law degree. She hasn’t looked back since and has established a strong reputation in the industry, becoming well known for her leasing expertise. Monica enjoys the transactional process of property law, including preparing agreements of lease, drafting different terms for different sites and tailoring her advice to clients’ needs.

Monica’s experience includes acting for a number of major property developers, including trusts, investors and corporations embarking on substantial landmark projects. Recently, Monica’s focus has been on complex leasing, especially in the Quick Service Restaurant industry. For example, she acts for developer clients who buy land and establish several fast food chains in one site, like a Caltex or service station. Monica drafts the agreement for lease and does all the work behind the scenes that a client needs to construct the building and negotiate to have tenants in. Key aspects of this work include negotiating and drafting terms and lease documents, fitout contribution deeds, incentive deeds and deeds of surrenders that differ for each tenant.  Monica also advises the client when it comes to re-leasing.

“I get to know my clients and understand their requirements so I can help them achieve great results and commercial solutions.  My recommendations are based on knowing the client and thinking outside the box to meet their requirements and minimise any potential risk”.

Monica works closely with clients to build a bond based on trust and understands that instructions always change. Monica picks up the phone to talk to her clients to ensure they are both on the same page and is always available for her clients to contact her should they have any questions.

 

Areas of Expertise

agreements of lease
acquisition and disposal of property (including acquisitions of large shopping centres)
commercial and industrial leasing
deeds of assignment
deeds of surrender
due dilligence
fitout contribution deeds
incentive deeds
multi-jurisdictional retail leasing
residential and commercial staged developments
sales off-the-plan
subdivisions
terms and lease documents
variations of lease