Property Law
Protections for Landlords: Retail Shop Leases and Other Commercial Leases Regulation 2020
The Retail Shop Leases and Other Commercial Leases (COVID-19 Emergency Response) Regulation 2020 is one of the latest pieces of legislation enacted as a result of the COVID-19 pandemic. This legislation was made under the COVID-19 Emergency Response Act 2020 (Qld) and Retail Shop Leases Act 1994 (Qld) with the purpose of mitigating the effect of COVID-19 on small businesses and giving effect to the good faith leasing principles as outlined in the National Cabinet’s Mandatory Code of Conduct.
Read MoreCOVID-19 and Special Clauses: What You Need to Know Before You Buy or Sell!
The COVID-19 pandemic has led to changes in the way we go about our typical everyday lives and has seen businesses and individuals alike trying to protect themselves against the economic impacts of the pandemic. Initial forecasts indicated that the Australian property market would be one of the areas hit hardest by the pandemic, however…
Read MoreChanges to the Foreign Investment Network – What you Need to Know!
On March 29 2020 the Australian Treasurer announced further temporary economic measures which would be introduced in response to the COVID-19 pandemic. The announcement centred around changes to the Foreign Investment Network, with the most prominent being the decision to prescribe nil monetary value thresholds for particular significant actions and notifiable actions under the Foreign…
Read MoreLand Tax Relief Measures in Queensland
On Wednesday 22 April 2020, the Queensland Parliament sat for the first time in over a month in an effort to pass emergency measures aimed at supporting Queenslanders during the COVID-19 pandemic. Some of the measures passed include the following: $300 million aimed at relieving the cost of living which includes $200 credit for all…
Read MoreNegotiating Commercial and Retail Lease Agreements in the wake of COVID-19
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)…
Read MoreTalk to a Lawyer before Purchasing or Selling Commercial Property
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…
Read MoreProperty Development Laws in Queensland
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…
Read MoreAbout to take on a Lease – 7 Clauses you need to know!
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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