Thoroughly preparing your business for sale will save you time, frustration and often, money, when it comes time to progress and finalise the transaction. There are some key issues to consider when selling a business and, in this blog, we highlight our top 7 tips.
Registration of a lease refers to the process of formally recording the lease on the title of the landlord’s property and noting on title that the tenant has an interest in the property under the terms of the lease. It’s an important step in protecting the interests of both parties.
If you have a Crown Land lease, there are also options to sublease that land. In this article, we explore what land is owned by Crown Land, Crown Land lease applications and subleases under a Crown Land lease.
If a retail or commercial lease includes an option period, it typically will require that the Lessee exercise their option if they intend to renew the lease. The option period does not automatically renew.
Many people have received correspondence from Revenue NSW with an invoice for multiples years of land tax because they did not know they were liable for land tax and had not registered. Find out if you have to pay and how much you might have to pay.
We previously wrote about commercial leases and the Federal Government Code of Conduct, back in April 2020. Since that time, the NSW State Government has passed its legislation which supports the code for NSW lease transactions.
A recent (2020) New South Wales Supreme Court decision in Deligiannidou v Sundarjee  NSWSC 437 is a cautionary tale for anyone sending money electronically, particularly large sums of money in property transactions.