Coronavirus Alert: Mandatory code for commercial tenancies
The code imposes “good faith leasing” and “proportionality” principles that will be legislated by the States and Territories. If landlords and tenants cannot reach agreement on a rent reduction then either party may refer the dispute for binding mediation to the applicable existing State or...
Coronavirus Alert: Nationwide shutdowns and other implications for landlords
Since first preparing this update for landlords on Friday, we are now assisting clients understand their position and obligations considering stringent government restrictions imposed over the weekend. We will continue to provide updates as more information becomes available to help our clients u...
