RETAIL LEASE PERSONAL GUARANTEE DISASTER

RETAIL LEASE PERSONAL GUARANTEE DISASTER

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...
NEW RULES FOR RETAIL SHOP LEASES

NEW RULES FOR RETAIL SHOP LEASES

The Retail Shop Leases Act 1994 (Qld) legislation was overhauled 25 November 2016, ten years since the last revision, with numerous amendments that will have significant impact on lessors, lessees, legal advisers, leasing /managing agents and specialist retail...
AirBnB SUB-LETTING BREACHES LEASE

AirBnB SUB-LETTING BREACHES LEASE

This case generated widespread interest in the media and property community.  The Court’s decision clearly established a general principle that a short-term AirBnB stay CAN be a lease in breach of the Residential Tenancies Act without the written authorisation from...