A Mackay shopping centre owner stood to gain more than $400,000 by denying the validity of a tenant’s exercise of option...
Courtroom DIY ends badly for guarantor: Landlord unconvincing in re-lease mitigation attempt
A guarantor’s futile appeal last week has resulted in some useful pointers for landlords in often-raised commercia...
Motel option exercised out of time: court upholds renewal based on owner’s conduct
The manner in which the landlord conducted a market rent review was the tipping point in favour of a mining town motel t...
Tenant abandons premises: landlord recovers rent to 2014
A recent shopping centre rent recovery action offers a useful demonstration of how loss of future rent is calculated whe...
Rueful tenant gazumped in Queen St retail review: court pulls shades on second lease attempt
The collapse of negotiations over a prime Queen Street retail location – aired this month in the Supreme Court ...
Lease letter of intent lesson: Can landlord pull plug after pocketing payment?
Bathroom goods supplier, Highgrove – “the fastest-growing bathroomware company on the East Coast of Australia” – w...
Ratchet rent reviews banned – opportunity for landlords going, going, gone
The uncertain fate of “ratchet” retail rent reviews has finally been decided – a law passed in parliament last wee...
Tenant off the hook: landlords beware security risk in extending commercial leases
Landlords have received a sharp reminder that any agreement to extend the period of a lease can dilute their security po...
Lease update – floods, repairs, mortgagee consent, disclosure notices
Landlords must look to their leases to determine their rights when faced with tenants’ demands to repair flood damaged p...