Exercise Your Option

PRECEDENTS ONLINE Australian Legal Templates Exercise your Option.   An option is a right to a further term. Usually, a tenant has an option in their lease to a further term giving them the right to have the lease on substantially the same terms (allowing for rent...

A new LEASE on life

Are you likely to get any rent concession from your landlord?  Probably not and these are the reasons why? Statutory (Covid) rent concessions do not apply to new leases. In renewing your lease you are entering into a new lease. You are therefore not entitled to any...