What is a Retail Shop Lease? | Legal Advice from a Sunshine Coast Lawyer

Описание: http://www.argonlaw.com.au/ *SUBSCRIBE! Let a Sunshine Coast lawyer inform you on the intricacies of Queensland law*

The Retail Shop Leases Act regulates leases of retail premises in Queensland and provides certain advantages to tenants that aren’t available under normal commercial leases.

Those advantages include a strict disclosure regime by which landlords must provide accurate details of the outgoings payable by the tenant under the lease and protection from having to pay the landlord’s legal costs for preparing the lease.

What qualifies as a retail shop lease can be surprising, so keep watching while I tell you a little more about that.

I’m John Gallagher from Argon Law and I’m going to explain to you briefly what constitutes a retail shop lease in Queensland.

The first thing to consider is the usage allowed by the lease. Are the premises to be used wholly or predominantly for a retail purpose? The legislation includes a comprehensive list of retail usages. If your usage is on that list, then the act applies to your leases.

But even if your usage is not on that list, the act can still apply to your lease if the premises are part of a retail shopping centre.

The definition of what constitutes a retail shopping centre is complex, but what it can mean is that leases for office use or for other purposes which you wouldn’t normally consider to be retail, can be regulated by the act and give tenants advantages they wouldn’t otherwise have.

Don’t assume that the Retail Shop Leases Act doesn’t apply to your lease. The consequence of a mistake in that regard can be expensive particularly for a landlord. If you have any doubts then give me a call or speak to your legal advisor.

And if you have any queries about any other aspect of commercial or retail leasing, I would happily answer them.

Do you require legal advice? Contact Argon Law via the links listed below.

You can find us at http://www.argonlaw.com.au/.
Please feel free to contact us at [email protected] / 07 5443 9988
Follow us on LinkedIn @ArgonLaw

#diywill #freewilltemplates #legaladvice #queenslandlaw #law #lawyer #lawpractice #australia #advice #legaladvice #advice #help #lawfirm #lawyerup #attorney #justice #court #business #legalservice