by aslaumbe | Oct 4, 2024 | Articles, Lease Articles
It is common practice for a letting agent to prepare a Heads of Agreement (“HOA”) to be entered into by a landlord and a prospective tenant before a lease of retail or commercial premises is signed. The document sets out the basic terms of the lease...
by aslaumbe | Oct 4, 2024 | Articles, Commercial Agreement & Dispute Articles, Lease Articles
There are many situations in everyday life where you may be called upon to sign a personal guarantee. Some people will sign one without giving it much thought. But what are they and what are the consequences? A personal guarantee is a promise by an individual to...
by aslaumbe | Apr 12, 2024 | Articles, Lease Articles
Whether you are the owner of a retail shop or an incoming tenant, it is good to know what is involved in the leasing process so that the owner can get paid rent and the tenant can make income from a thriving business as quickly as possible! Any proposed lease of a...
by aslaumbe | Nov 16, 2023 | Articles, Lease Articles, Litigation Articles
According to the last census in 2021, almost 33% of people rent their home in NSW. And, of course, from time to time a dispute may arise with the landlord. But if it is a serious dispute that cannot be resolved, what rules apply if one of the parties to a lease wants...
by aslaumbe | Apr 4, 2023 | Articles, Lease Articles
A landlord is required by the Retail Leases Act 1994 (NSW) to give a tenant a Lessor’s Disclosure Statement at least 7 days before a retail lease is entered into. It contains important information about the premises, the lease and the tenant’s financial...
by aslaumbe | Aug 8, 2022 | Articles, Lease Articles
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...
