This lease kit complies with the Retail Lease Act. It comes with a Guide to help you understand your rights and obligations under the Act and complete your lease documentation with ease.
In New South Wales, retail shop tenants automatically have a minimum 5 year lease term (this is calculated to include any options). If your lease is for a short term of less than 5 years, the tenant will need to obtain a certificate waiving the tenant’s right to the minimum 5 year lease period. This is explained further in the Retail Lease Kit.
The landlord must provide the tenant with a disclosure statement and an estimate of the costs associated with the lease before the lease is entered into. The tenant has the right to terminate the lease within the first 6 months if the disclosure statement is not provided to the tenant, or it contained wrong or misleading information.
This Kit contains the Disclosure Statement required for New South Wales retail leases.
This kit was drafted to comply with the the Retail Leases Act 1994 and it contains a step-by-step guide to help you understand your obligations under the Act.
Plus you will have access to the latest updated documents in your personalised Members’ Area.Buy NSW retail shop lease
Related Blog Articles