Articles
When Can I Terminate a Contract?
Knowing when and how to terminate a contract is crucial for all business owners and consumers in Australia. Various reasons may justify the termination of a contract, such as breach by another party, frustration, mistake, and force majeure. However, terminating a...
Buying a business? Some handy hints…
So you have found a business and you have your heart set on buying it. Or maybe you work for a business that looks like it is being sold and you wish to take it over. Congratulations, that’s great news! However, before you rush off to hand over the purchase price, you...
Managing commercial disputes – key steps and processes
A commercial dispute occurs when two or more parties have a disagreement in relation to a business matter. The subject of a commercial dispute varies however many arise due to a party’s alleged failure to perform contractual terms and conditions, which is why it is...
Helping Your Children Buy a Property
With housing affordability at a crisis point, many parents are asking how they can help their child buy their first home—especially when saving for a deposit feels out of reach. Fortunately, there are several ways parents can assist, each with its own risks and...
Options to Renew in Commercial Leases – Don’t get caught out!
An option clause is a term in a commercial lease that allows a tenant to renew their lease at the end of the original lease period, if they meet certain conditions. Landlords are not obliged to offer a renewal option. However, it is often in the interests of both...