Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Like in other times of economic turmoil, bargain businesses are now increasingly on the market. However, just like buying an old car, sometimes the alluringly low upfront price of a business obscures the painful reality of extraordinary costs you’ll have to bear down the track. As commercial lawyers, we are often asked to assist to [...]

2020-09-13T22:37:52+00:00September 13th, 2020|Business Advice, Contracts, Corporate Advisory, Property|Comments Off on Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Following the introduction of the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Vic), many tenants and landlords have been in the unfortunate position of trying to navigate an agreement on rental concessions against a backdrop of regulations which are, to some extent, lacking in clarity. Helpfully, the Small Business Commission (SBC) has [...]

2020-05-19T07:30:25+00:00May 19th, 2020|Business Advice, Corporate Advisory, Dispute Resolution, Property|Comments Off on Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Reviewing Commercial Leases: Why just any legal egg-head won’t do

As commercial lawyers, we are asked to review a variety of commercial property leases on behalf of tenants and, just as often, asked to prepare them on behalf of landlords. A common initial question among many tenant clients is: do I really need you to review this first? Of course, you’d expect the lawyer’s answer [...]

2020-05-12T04:21:00+00:00February 16th, 2020|Business Advice, Contracts, Corporate Advisory, Dispute Resolution, Property|Comments Off on Reviewing Commercial Leases: Why just any legal egg-head won’t do

Land tax bill a kick in the guts? Wait until you get your landlord’s one!

Land Tax. One of those unpleasant imposts you must endure yet can’t conceivably think of what you’re getting in return for the pleasure of forking over your hard-earned cash. If you know this pain then think of how much more it would hurt to have to pay land tax on a property you don’t even [...]

2020-05-12T04:26:31+00:00March 24th, 2019|Business Advice, Property|Comments Off on Land tax bill a kick in the guts? Wait until you get your landlord’s one!