The Lease should clarify the obligations around rent payment and what action can be taken if the tenant has not met their obligations. As a general rule, it is best practice to issue a breach notice to allow the tenant the opportunity to remedy the breach (overdue rent), before you consider taking more formal action, such as a lockout and termination of lease. It is prudent to engage with a specialist...

In most cases, your lease should protect you and your right to continue to occupy the property. Speak with your Property Manager of Landlord to confirm this for your specific...

Most likely, your lease will need to be assigned (transferred) to the party purchasing your business. To be sure about your specific situation, speak with your Property Manager or...

You need to speak with your Property Manager or Landlord for advice specific to your...

A Lessor is the legal term used to describe the Landlord in a non-residential...

A Lessee is the legal term used to describe the Tenant in a non-residential...

A gross lease meas that the tenant does not pay any separate contribution to the property outgoings in addition to the...

A net lease means the tenant pays property outgoings (eg. council rates, strata levies, etc) in addition to the base...

Each situation is different, but as a general rule, a tenant is responsible for paying for a Commercial lease to be prepared, but a Landlord is responsible for paying for a Retail lease to be...

Your lease will require you to carry insurance for your business, as the tenant of the property. This is to provide you protection against certain liability for your business. If you pay outgoings and pay for the Landlord's insurance, this will often cover a more broad range of insurance, such as building insurance, which may be packaged with other insurances (such as Public Liability) that appear to cross...