Do you have a commercial lease and have you been adversely affected by COVID-19?
Retail Shop Lease
Cyclone Debbie and Commercial Leasing
If you are a Landlord or a Tenant of a commercial property, this article is for you.
Unfair Contracts And Retail Shop Leases
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.
Changes to Retail Leasing
On 10 May 2016, the Retail Shop Leases Amendment Bill 2015 (Qld) was passed and the amendments will commence on a date to be fixed by proclamation. The changes to the Act will change the manner in which Landlords and Tenants deal with certain issues under Retail Shop Leases.
Whitsunday Shopping Centre Fire – Important Tenant Information
This situation can be very distressing to tenants and leave many wondering what their rights are and what they will do following these events.
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