15/06/2020
Queensland’s new commercial leasing regulations – tips and traps
Queensland’s much-anticipated version of the National Cabinet’s Mandatory Code of Conduct for commercial leasing (Queensland Reg’s) raises a raft of questions for landlords and tenants, such as:
• What leases does it apply to, and when?
• Which tenants can benefit?
• What documentation can a lessor request?
• What are the lessor’s rental relief obligations?
• What if either party doesn’t co-operate?
• How are disputes handled?
• The impact of land tax relief?
To assist you in navigating this new framework, our commercial leasing specialists have put together a practical summary of what all parties to an 'affected lease' should know about the Queensland Reg’s.
It is in the best interests of both landlords and tenants to understand the new regulations, assess their position and review the requirements. We are currently assisting both landlords and tenants to understand the new regulations and are readily available to help you work through the implications.
Please contact us - we are here to help.
Woodford-Carr & Associates – Experience, Relationships, Enduring Values