This article is relevant to you if: You have a Discretionary Trust which currently holds residential property in NSW, or which may own land in the future; orYou either currently have a Testamentary Trust Will or are contemplating having a Testamentary Trust Will in... Read More
On 12 May 2020, the Leases (Commercial and Retail) COVID-19 Emergency Response Declaration 2020 came into effect in the ACT. This instrument gives legislative effect to the Mandatory Code of Conduct previously announced by National Cabinet. It applies to leases... Read More
The current circumstances surrounding the global COVID-19 pandemic are impacting many aspects of our lives, and the relationship between landlord and tenant is certainly no exception. Businesses all over the country are being forced to close their doors, either due to... Read More
Tax Implications For Airbnb Hosts Airbnb is an online, worldwide system of renting either all or part of properties, such as one bedroom with shared bathroom and kitchen. It allows individuals to offer up their properties, manage bookings and generate income without... Read More
In most commercial leases, rent will be increased yearly as part of a ‘Rent Review’. A Market Rent Review is one method of calculating this increase. For Landlords and Tenants alike, rent reviews are an important consideration in negotiating the initial terms of a... Read More
What is an Option? Standard in many commercial leases, an ‘Option’ is a clause in the lease agreement which grants the tenant the ability to renew the tenancy for an additional term or terms. Ordinarily the lease will include certain restrictions on when... Read More
