Articles
The Need for Landlords to Register and Return Leases
When it comes to retail or commercial Leases, it is not unusual for a landlord to take forever to register a Lease and return the signed (executed) original to the tenant. What are the landlord's obligations, what can be done about the delay and why is it important?...
Solicitors and Conflict of Interest
Tricky situations can arise when a solicitor is asked to act for more than one party to a transaction. It is a breach of a solicitor's fiduciary duty to act where the solicitor is in a position of conflict between the duty owed to one client and the duty owed to...
Voting Power and Eligibility at Strata Meetings
If you own a strata property like a home unit then you are entitled to vote at strata meetings, such as the annual general meeting, where all the owners make decisions about the strata scheme including setting levies and upcoming repairs and maintenance. However,...
Extending the Cooling Off Period for the Sale of a Property
You may be aware that if you purchase a residential property in NSW there will be a 5 business day cooling off period (10 days for off-the-plan contracts) during which you can make various enquiries and then rescind the Contract if you wish before the cooling...
What Happens When a Tenant Wants to Leave a Lease Early?
Sometimes a situation arises where a tenant of a retail or commercial Lease wants to vacate the premises and terminate the Lease before the end of the Lease term. The simple answer is that it cannot. The tenant is obliged to see out the Lease. However, the tenant...