If you are considering to lease premises for your business, you have probably heard the terms ‘Retail Lease’ and ‘Commercial Lease’. But what is the difference in Queensland? Retail Leases differ from Commercial Leases because they are subject to the Retail Shop Leases Act 1994 (Qld) (*RSLA”). This article will outline key differences between Retail Leases and Commercial Leases in Queensland.
Read MoreFor those of you who are landlords, there are new reforms in effect in Queensland. These reforms apply to all residential tenancies and include any house rentals, caravan rentals or rooming accommodation.
Read MoreRetail and commercial leases form part of many business transactions and commercial property is a popular investment choice. Whether you are a Lessor or Lessee, there is much to consider when entering into a retail or commercial lease.
Read MoreThe recent action taken by Australia’s consumer watchdog, the ACCC, against Europcar is a reminder for all business owners to ensure they are not charging “unreasonable” credit card surcharges. The Australian Competition & Consumer Commission (ACCC) has started proceedings in the Federal..
Read MoreBeware when signing Form 15 – you may be personally liable In a recent case the Queensland Court of Appeal held an engineer personally liable for signing an incorrect Form 15 (compliance certificate for building design or specification). The exact damages payable are yet to be decided but co..
Read MoreCan I terminate the lease if my tenant of my Commercial or Industrial Property goes into Administration or Receivership? Most leases have clauses which makes it an event of default and grounds to terminate the lease if certain insolvency events occur, like the tenant entering into administra..
Read MoreMost non-residential leases (e.g. leases of retail shops, industrial sheds and office buildings) have a mechanism to review the rent each year during the term of the lease (and any option periods). The most common mechanism is an annual CPI review. The Bureau of Statistics has just published the CPI for the June 2016 Quarter.
Read More
