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The recent COVID-19 pandemic has forced tenants and landlords alike to be more flexible with their working and financial arrangements – but how has it impacted their lease agreements? Prime Minister Scott Morrison announced recently that a strict moratorium would be placed on evictions for all residential and commercial tenancies for the next six (6)…
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Purchasing or selling commercial property is a big investment decision which you should seek advice from experienced professionals about including a solicitor, accountant and finance broker before signing a legally binding contract. Commercial contracts generally do not include a cooling off period which is why it is important to engage a solicitor prior to entering…
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There are several factors to be aware of when developing property in order to do so successfully. It will require sufficient research, planning and securing the right property. Property development involves various complex laws and regulations. Therefore, it is inherent that property developers understand and adhere to the laws in this area. Structure It is…
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Leases are complex legal documents that can be difficult to understand. We recommend that tenants always consult with a lawyer to advise on the agreement for lease and negotiate lease terms more favourable to you to ensure added security to your business. There are two (2) types of commercial leases, a retail and non-retail lease…
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Unlike utilities such as electricity and telephone, there are certain charges that attach to a property and remain with it even if sold. This is important to consider when buying or selling a house because it means the liability for these charges needs to be established. To determine who these charges apply to is by…
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