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Lease Incentives – What are they and the Hidden Dangers
Lessors to commercial and retail leases may offer a lessee short term advantages to entice a lessee to enter into the lease. These are known as lease incentives and while they do intend to provide lessees with an easier transition into leasing a premises, they also can have hidden traps that lessees should be aware of. Lessee should understand the obligations imposed on them prior to...
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Before Purchasing Or Selling Commercial Property – Top 2 Reasons Why You Should Talk To A Lawyer
Purchasing or Selling Commercial Property? Talk to a Lawyer
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.
What Is Commercial Property?
A commercial property can include
an industrial...
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What is a Put Option vs. Call Option when buying/selling property?
Put and call options are used so parties can enter into an agreement to sell or purchase real property in the future for a particular price. The agreement provides the buyer with the option to purchase the property and the seller with the option to sell the property.
Put And Call Options: Understanding Options Over Property
Put...
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Negotiating Commercial And Retail Lease Agreements In The Wake Of COVID-19
Negotiating 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...
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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...