Commercial Leasing
Commercial leasing and Retail Leasing Resolutions
If your lease is a non-retail lease and is commercial or your retail lease application exceeds the threshold, you cannot apply to the relevant tribunal.
If a commercial lease is a retail lease, each Australian state or territory legislation will provide certain minimum standards for both parties in a rental agreement.
Once a lease is signed by landlord and shop/land renter they are both legally bound to fulfil all conditions, such as paying rent, for the full term of the lease. Verbal agreements to change the lease are never binding.
If a landlord or company leasing the premises and renter want to change the originally agreed upon lease, this must be done in writing by solicitors. Both renter and landlord must agree to any changes.
If both landlord and renter understand and agree to the lease conditions, there should be no disputes. This is why it is essential that all terms and conditions in the lease are clearly worded and cannot be misunderstood.
Common areas for confusion include rent increases and lease renewals however there are many other areas disputes can arise.
If negotiation is not possible, seek mediation of the commercial lease dispute. If this sounds like a position you are currently in, contact us as soon as possible for our assistance. Alternative dispute resolution is far more cost effective than litigation and may resolve the matter quickly and completely. It might also be possible to come to an agreement as to the expense of mediation.
If you or someone you know may be in need of our assistance get them to give us a call on 1300 659 622.
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