Commercial Property Resources
What is the difference between a retail and a commercial lease?
A lease is a legally binding contract between a lessor and a lessee, usually the landlord and tenant. It provides the tenant with exclusive possession of the premises and outlinesRead More
What is the Difference Between Subletting and Assigning a Lease ?
Where a tenant decides they no longer wish to be bound by a lease, they may either sublet the premises or assign the lease. Both require the consent of theRead More
What is turnover rent?
Turnover rent is a method by which a business may pay rent to its landlord. It is typically calculated based on the tenants’ retail sales. The rent is determined asRead More
What are Lease Incentives?
Lease incentives are benefits that a landlord may offer to encourage a tenant to sign or renew their lease. They are predominantly considered during lease negotiations, with the value ofRead More
Can I buy a House with Bitcoin?
Absolutely! Buying a house with bitcoin is possible … although there haven’t been all that many instances of it. Technically bitcoin is not recognised as a legal tender by theRead More
What Should I Include in an Agreement for Lease?
An agreement for lease is a contract outlining the rights and obligations of a tenant or landlord, where the landlord has agreed to grant a lease on a specified futureRead More
How do I Surrender a Lease?
A Deed of Surrender of Lease is an official document used to formally terminate a lease before the expiry date. The purpose of the Deed of Surrender is to documentRead More
What is a Purchase Money Security Interest (PMSI)?
The Personal Property Securities Act 2009 (Cth) (PPSA) establishes a regime for secured parties to protect their security interests, and resolve priority disputes. Secured parties should register their interests onRead More