Leasing

With the current mining downturn in the local economy many small business owners are feeling the pressure and close over weekends or reduce the hours of trade to lower expenses and increase profit margin. However, it is not uncommon that retail Lessees in large shopping centres are forced to open their doors due to an obligation under their lease that if the shopping centre or complex is trading they must be as well. From 12 November 2016 the unfair contract legislation will be extended to small businesses that have entered into standard form contracts.