Tag: Retail Leasing

If your tenant in a retail premises fails to meet their rental payments in a timely manner, this is a breach of the lease agreement. When this occurs the landlord has two options: Terminate the lease; or Continue the lease and issue a notice of breach to recover amounts owed. Notice to Terminate or Notice […]

If you have a retail property or shop that you wish to rent out in South Australia, you need to be familiar with the fundamental steps in the retail leasing agreement process. There are certain requirement that must be met in order to comply with the Retail Lease Act You might be tempted to skip […]

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 […]

For a landlord, a well worded permitted use clause or definition allows you to maintain effective control over the premises and the way it will be used. You can make the permitted use as specific or as open as you wish. If the permitted use clause is too broad, for example: “Any use permitted by […]

Last week on the blog we discussed the obligation of the Landlord to provide the Tenant with a Disclosure Statement when leasing retail premises. The Disclosure Statement, along with the government mandated information guide, informs the tenant of their rights and responsibilities under the lease, and the tenancy law in general.  One of the aims […]

Retail lease transactions are heavily regulated in Australia. In most states and territories, retail tenants have the right to a minimum 5 year lease term.  This minimum term includes the initial term plus any option periods, so a lease of 3 years, plus an option for a further 3 years will satisfy the 5 year […]

When you’re completing a lease for a Queensland property where you intend to register the lease then you will need to provide a “Title Reference” number. Let’s take a Commercial property lease for example. The Queensland Government’s Department of Resources is responsible for the administration of land-related matters and records information about land in Qld. […]

If you are leasing a retail premises, you must provide your tenant with a Disclosure Statement at the start of the tenancy, to comply with the tenancy legislation. The Disclosure Statement is essentially a summary of the most important aspects of the Lease. On viewing the Disclosure Statement, the tenant should be able to quickly […]

If you have a retail property or shop that you wish to rent out in NSW, you need to be familiar with the fundamental steps in the retail leasing agreement process. There are certain requirement that must be met in order to comply with the Retail Lease Act You might be tempted to skip these […]

Circumstances may arise when a tenant seeks to sub-let or assign their lease over retail premises. There are strict guidelines on method of seeking consent and whether the landlord is permitted to withhold their consent. If your tenant is seeking consent to sub-let or assign their retail lease, remember: Your tenant must comply with the […]