Purchasing a property is a significant undertaking. One crucial step in the process that should not be overlooked is the pre-settlement inspection. This involves the buyer inspecting the property just prior to completing the purchase. In this article, we explore the...
When renting business related property, it is important for both landlords and tenants to understand the relationship they are entering into and the rights and obligations that they each have, the document that governs this relationship is usually a Commercial Lease....
If you are a director of a company entering a commercial or retail lease, a landlord will likely require you to give a personal guarantee for the company’s obligations under the lease. In such cases, directors should fully understand the extent of the guarantee they...
A lease is a legally binding contract that gives you certain rights to a property for a set term. A written commercial lease is used when leasing property used primarily for a business. You should never sign a lease without understanding all of its terms and...
When leasing commercial property, it is important for tenants and landlords to understand the relationship they are entering and the rights and obligations they have. In Victoria, retail leases are regulated by the Retail Leases Act 2003 (Vic) (the ‘Act’). Generally,...
Do you have a covenant that runs with your land and are wondering if you can prevent it from affecting your development plans? There are ways in which you can apply to have a restrictive covenant removed or modified. This article discusses the implications of...
