Articles
Surrender of Retail and Commercial Leases
Surrender of Retail and Commercial Leases When a landlord and a tenant both agree to terminate a lease before its expiry date this is called a surrender of Lease. A lease creates an interest in land in favour of the tenant and constitutes a contract between the...
Bank Guarantees for Retail and Commercial Leases
Bank Guarantees for Retail and Commercial Leases A landlord of a retail or commercial property often requires a tenant to provide a bank guarantee as security in case the tenant defaults under the Lease. Many bank guarantees that are offered to landlords are...
A Guide to the New Strata Renewal Process
A Guide to the New Strata Renewal Process As from 30 November 2016 a new procedure has been introduced allowing for a strata renewal (i.e. either the collective sale of the whole strata scheme or the redevelopment of the whole strata scheme such that its...
Resolving Home Building Disputes
Resolving Home Building Disputes When you are building or renovating your home and a dispute arises between you and your builder then you should take the following steps: 1. Speak to the builder and try to come to a resolution through open and positive communication;...
Things To Know Before Leasing Business Premises
Things To Know Before Leasing Business Premises A lease is an agreement between the owner of business premises (the landlord or lessor) and the operator of a business on the premises (the tenant or lessee). When you enter into a lease you are agreeing to pay...