With interest rates going up along with the costs of living, more and more people are starting to experience trouble meeting their loan obligations, and it is predicted that this financial strain is unlikely to subside…
A Warning for Lessors and Tenants: The Perils of Vague and Ambiguous Commercial Lease Clauses
Often, one of the most contested clauses of any commercial lease is the clause that determines what condition the premises must be in when returned to the lessor. Generally speaking, these types of clauses are called…
Queensland Implementation of the Commercial Leasing Code of Conduct
Queensland have legislated the laws for the Queensland Commercial Leasing Code of Conduct for the Covid – 19 period. We have previously notified you regarding the National Mandatory Code of Conduct, which was released by the…
Changes to Commercial Leasing due to COVID-19 – What you need to know, and do at this time
At this time, a lot of businesses are suffering the effects of a downturn caused by the COVID-19 pandemic. The government has already announced a number of changes to assist financially distressed businesses. The government has…
Can I get out this Contract because of COVID-19? There are options!
The pandemic of COVID-19 has caused major disruption to the global economy at an unprecedented pace. As a result, businesses are struggling to meet contractual obligations, causing a harmful domino effect. You do not need to…