Part 3 - Effect of assignment of lease by transferee to subsequent transferee (s144) Since the start of this 3-part series analysing Queensland’s Property Law Act 2034 (the Act), the Act has now passed in Parliament. The Act’s commencement awaits proclamation...
Part 2: Effect of Assignment of Lease by Lessee to Assignee (Section 143) The Property Law Bill 2023 (Qld) stands as a monumental piece of legislation set to modernise property law in Queensland. Since its introduction in the Queensland Parliament on 23 February 2023,...
Queensland’s property law is on the verge of undergoing a substantial transformation due to the recent introduction of the Property Law Bill 2023 (Qld) (the Bill). This sweeping legislative reform is poised to reshape the legal landscape, marking a significant...
Understanding Early Lease Termination Early lease termination occurs when a tenant decides to end the lease agreement before its designated duration. There can be a myriad of reasons for this decision, ranging from changes in business strategy to financial constraints...
Lease agreements will often set out the obligations of each party at the end of the Lease term. One term which should not be overlooked is the ‘make good provision’. What is a make good provision? Make good provisions are included in lease agreements to ensure the...
Commercial Lease Why use an Offer to Lease? Whilst it is prudent and ideal for both landlords and tenants to have obtained advice on the proposed lease arrangement before commencing negotiations, this may not always be feasible or commercially viable. Consequently,...
Recent Comments