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Retail Leasing

Rectifying a mistake in the terms of a contract

Yes, sometimes factors exist which will impact on an otherwise valid contract and if the mistake concerns a fundamental matter, the mistaken party can apply to the courts for relief. We look at different types of mistakes and how a mistake can be rectified. Read more


Three Reasons why a Verbal Lease can turn into a Booby Prize

It may be seem like a generous act of goodwill to allow your tenant to move in before finalising your lease – but this decision can have big consequences for you down the track. We examine the three main reasons why you should resist the temptation to let your tenant move in before they have signed on the dotted line. Read more


Stating the Parties to a Contract correctly

It might seem very basic, but it is vital to get the names of the entities or "parties" correct when drafting a legal document. Stating the parties formally and accurately gives you certainty that there can be NO question about the parties' intentions later, especially if the particulars are changed or forgotten. We look at the different types of "parties" and the correct way to record the information. Read more


Is a verbal agreement legally binding?

Verbal agreements can be legally binding and in fact many business and personal transactions are conducted purely on a handshake. But if things go wrong, it can be very difficult to sort the matter out or to even prove the agreement existed. Read more


Info graphic - Expenses you can claim for your Rental Property

If you own a Commercial rental Property you can claim the following list of expenses as a tax deduction as long as the expenses were incurred during the period your property was rented or available for rent. Read more

Month by Month Leasing?

Peter sent in a burning question asking if it is legal to allow a new retail tenant to occupy a shop on a month to month basis in Victoria? Read more


Rectifying a mistake in the terms of a contract

Yes, sometimes factors exist which will impact on an otherwise valid contract and if the mistake concerns a fundamental matter, the mistaken party can apply to the courts for relief. We look at different types of mistakes and how a mistake can be rectified. Read more


How to recognise the tenant from hell

When your rental property is empty it can be tempting to grab the first prospective tenant that applies but this is a rookie mistake. Bad tenants can cause you, the property owner, a great deal of emotional and financial stress. Follow these tips to recognise the tenant from hell before they move in. Read more


Airbnb - are the risks worth the income?

It's tempting to turn your spare room into a stream of extra income, and it's pretty easy to do with tools like AirBnB. But don't jump into this venture lightly because there are serious issues to consider. Read more


Changes to Tasmanian Tenancy Act

Tasmanian residential tenancy laws have been recently reformed, with most of the changes operational from the end of 2014. We take a look at the new rules for leasing residential property in Tassie. Read more


Changes to Tasmanian Tenancy Act

Thinking of sprucing up your rented home over the Christmas break? Did you know that even something as simple as painting the walls requires your Landlord's permission? Before you even start getting those colour charts out - check out the rules of what you can and can't do to your rented house. Read more

 

Permitted use – commercial and retail leases

For a landlord, a well worded permitted use definition allows you to maintain effective control over the premises and the way it will be used. You can make the permitted use as specific or as open as you wish. Read more



How to terminate a commercial lease for non-payment of rent or other breach

It is a situation landlords hope they will never experience. Their tenant has stopped paying rent and they need to take action to mitigate the damage to their bottom line. We look at what the Landlord needs to do and more importantly how they should do it. Read more


When to use a Licence to occupy instead of a Lease?

Are you thinking of renting out a room, clinic or office? You may not need a full Retail or Commercial Lease to cover your arrangement because a Shared Office Space or Licence Agreement may suit your needs. Read more


Getting help with tenancy issues in NSW

A NEW Tenancy Complaint Service launched by Fair Trading in New South Wales helps landlords, property managers and tenants resolve disputes when communication between the parties has broken down. Read more


Month by Month Leasing?

Peter sent in a burning question asking if it is legal to allow a new retail tenant to occupy a shop on a month to month basis in Victoria? Read more


Why honesty is so important when leasing a property

Honesty between the Landlord and the tenant allows the tenant to make an informed choice about whether they will accept the lease. Read more


Why do you need a Landlord's Disclosure Statement?

Landlords are required by law to provide a prospective tenant with a summary or disclosure statement of all the important terms of the proposed lease. We look at the reasons why it has to be done this way. Read more


NEW - State Based Real Estate Property Kit

It's taken several years to get all the documents together but we've finally done it. We've just launched our Property Investors Kit with a view to providing all of the documents you would need if you were prone to property investment. Read more


It's not Rocket Science, Just Follow the Rules

Whoever said "Ignorance is bliss" was not referring to being a Landlord. Landlords need to be informed and follow the rules set down by state legislation so they can deal with issues and tenants effectively. Read more


How does the PPSA (Personal Property and Securities Act) affect you?

The PPS (Personal Property and Securities) Act works as a comprehensive code and framework governing securities taken over personal property. The manufacturing, wholesale and retail industries are most affected by these changes. Read more


Info graphic - Expenses you can claim for your Rental Property

If you own a Commercial rental Property you can claim the following list of expenses as a tax deduction as long as the expenses were incurred during the period your property was rented or available for rent. Read more


Permitted use – commercial and retail leases

For a landlord, a well worded permitted use definition allows you to maintain effective control over the premises and the way it will be used. You can make the permitted use as specific or as open as you wish. Read more

Dispute Resolution Process for Commercial and Retail Leasing in each state

Dispute Resolution Process tableDispute Resolution Process for Commercial and Retail Leasing for each Australian state set out in easy-to-read table format.

How to deal with Non-Payment of Rent in a Retail Lease

Non payment of rentIt's a situation every landlord hopes to avoid - non-payment of rent. And while you do hope it's not going to happen to you, if it does you need to take a pro-active approach and contact your tenant in the right way at the right time. As retail leasing laws vary from state to state, we've put together a page that gives you the information you need.

 

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