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RETAIL LEASE DISPUTES & COMMERCIAL LEASE DISPUTES
If both parties to leases were better informed of their rights and obligations, many disputes would not arise.
Parties to commercial tenancy agreements need to be aware of the difficulties which can result from a failure to make proper enquiries.
LANDLORD TO MAKE FULL DISCLOSURE
Prospective tenants should ensure that the landlord has made full disclosure of details such as:
• the condition of buildings, plant and equipment; • that all outgoings are listed in the Disclosure Statement; • the landlord’s title to the property including : |
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• any mortgages over the property (the landlord must obtain the mortgagee’s consent to the lease) • the actual boundaries of the property, and • any restrictions on the use of the land. | |