A commercial lease is a contract that details the rights and obligations of a tenant and landlord. So, what are the necessary terms of a commercial lease?
When you buy an apartment in a strata scheme, you become part of a community that has certain rights and responsibilities specific to your strata complex. Many of those rights and responsibilities are protected by by-laws. It’s crucial that you understand those by-laws, as they control what you can do in your home or investment property.
If you are a landlord that has a property portfolio financed, you can expect that your financier will look closely at rental returns. Consequently, it is critical to carefully consider the basis on which your rent is being determined and the circumstances in which valuations can be challenged.
Commencing on 6 July 2018 the NSW Government will introduce a new Low Rise Medium Density Housing Code (‘The Code’) which is more than likely to affect your area.
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