Retail Leasing laws are quite stringent and there are particular steps you need to follow to ensure your lease is valid.
The landlord must provide the following to the tenant:-
- A copy of the proposed Lease and the Retail Tenancy Guide as soon as negotiations begin.
The landlord must not offer the shop for lease unless the landlord has a copy of the proposed Lease available for inspection by the prospective tenant in written form (but not necessarily including particulars of the tenant, the rent or the term).
- A Disclosure Statement.
The landlord must give the tenant a Disclosure Statement at least 7 days before the Lease is entered into by the tenant.
The Tenant must provide the Landlord with:
The tenant is also required to provide a tenant’s Disclosure Statement, no later than 7 days after receiving a landlord’s Disclosure Statement (or within such further period which the landlord agrees). This document is included as part of the Landlords Disclosure Statement in our Retail Lease Kit.