Real Estate Valuers & Property Advisors

Property Resolution Specialists

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RETAIL LEASE PERSONAL GUARANTEE DISASTER

RETAIL LEASE PERSONAL GUARANTEE DISASTER

by | Feb 20, 2018 | Leases & Rentals

The potential catastrophic consequences of Lessees providing personal Directors guarantees has again been highlighted in an instance where the owners of a failed fresh fruit and vegetables retail shop were ordered to pay $3.5m. The shopping centre Lessor agreed to...