Commercial Leases (Part 3): Key Differences Landlords and Tenants Should Understand
Description
Confused about whether your lease is classified as a retail lease or commercial lease? In this episode, Andrew Henshaw and Joel Garrett explain the key differences, including why classification matters, what obligations apply under retail leasing laws, and how it impacts things like rent reviews, disclosure statements, and dispute resolution. If you're negotiating or managing a business lease in Australia, this episode will help you understand your legal position from day one.
Key Takeaways:
How to determine whether a lease is a retail lease or a general commercial lease.
The legal and practical differences between the two (including disclosure obligations, rent review limits, and dispute resolution mechanisms).
Why classification matters for both in a leasing relationship.
What’s covered under retail leasing legislation in Australia (and what’s not).
Tips for avoiding misclassification and ensuring your lease terms align with the right legal framework.
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