Retail Leases

A retail lease contract in which an owner (lessor)? agrees to allow agreed another party (lessee) to use specified land, property, services etc for a specified time usually in return for a regular payment. In addition, the lease is a legal document which outlines the agreed terms for the use of the property or asset to another party usually termed as the lessee.

The Commercial lease contract specifies what the lessor (owner of the property or asset) requires in regular payments to compensate for that use and the time period specified in number of months and years.

This Lease is a type of commercial lease in which a property asset is mainly used for a retail shop business. In general it includes Small and large street shops up to large shopping Centres/Malls.

In NSW the Act specifies the requirements in which these are administered.

(click main headings for full articles)

Retail Leases Act 1994 (NSW)

Retail Leases

 

Retail Leases ACT review in 2017

 

Retail Leasing (in General)

 

Retail Shop Leases – Your rights as a tenant?

 

The Retail ACT – Understanding when it applies.

Summary of the following;

Leases of less than one year that are not ongoing

When Leases are except by Ministerial determination

When the leases are of Street Space

Other except Leases

 

Amendments to the Retail Leases ACT

Retail Lease Act

 

Retail Leases more transparent and flexible under new ACT

Retail Lease

 

Retail Tenancy Legislation compendium -Australian Summary of Retail Legislation