Commercial leases in Australia
Publisher:
Pyrmont, N.S.W.:
Thomson Reuters (Professional) Australia
Keywords:
1. Negotiations -- 2. Construction of lease -- 3. Subject matter of lease -- 4. Covenants -- 5. Rent and rent review -- 6. Outgoings -- 7. Repair -- 8. Quiet enjoyment -- 9. Assignment -- 10. Use -- 11. Insurance -- 12. Options -- 13. Default by lessee -- 14. Determination of lease other than by forfeiture -- 15. Mortgagee's consent to lease -- 16. Green leasing.
Precedents include Letter of intent -- Subject to solicitor's approval -- No warranty as to suitability for purpose -- Lease subject to subdivisional approval -- Lessee's equipment -- Mortgage of lessee's equipment -- No signs without lessor's consent -- Personal guarantee -- No waiver by lessor -- Payment of base rent without deduction -- Goods and services tax -- Premises unfit for occupation or inaccessible for stated period -- Market review of base rent -- CPI rent review clause -- Repair and maintenance obligations -- Lessor's right of access for repair -- Notice to lessor of need for repair -- Quiet enjoyment -- Lessee not to cause nuisance -- Lessee indemnity -- Assignment -- Offer to surrender prior to assignment -- Permitted use and trade name -- No warranty concerning suitability or exclusivity -- Alterations by lessee -- Lessee to maintain insurance -- Lessee not to affect lessor's insurance -- Option to purchase -- Right of first refusal -- Option to renew -- Default by lessee -- Damages for breach -- Lessor to mitigate loss -- Re-entry by lessor -- Vacate premises at expiry of term and make good obligation -- Non-removal of lessee's property -- Termination by lessor to demolish or refurbish -- Termination by lessee for any reason
Notes:
Includes tables and index