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Is it Under Retail Leases Act Commercial Leases Valuations for Landlord Valuations for Tenants

Retail Leases

Applies to all retail shop leases (exemptions apply).  ‘Retail shop’ refers to sites used wholly or predominantly for the carrying on of a business listed in Schedule 1 of the Act. This can include bookshops, restaurants and general stores. A retail shop also includes any business located in a shopping centre. Shopping centre is defined as set of 5 or more shops together.

Commercial rent

Commercial leases apply to all the commercial properties that the landlord lease out that does not fall in to retail leases act. Unlike special provisions in the retail leases act, commercial leases are bound by the commercial lease that the parties entered in to.  These leases do not have the benefit of the small business commissioner and mostly dealt by the contract law through the court system.

Landlord Leasing

Our valuation process considers all the relevant factors affecting the rental. A rental valuation is essential to ensure that current market rental of the property is outline in the valuation report. An expert specialist rental valuer from our office will contact you and conduct the valuation and provide the rental valuation report.

Tenant Lease

Getting a true indication and independent rental value for the property you are renting can be difficult. Getting an accurate rental valuation can help you make better informed long-term decisions. Getting an expert specialist rental valuer is essential as many factors affect the base rent including fit outs and out goings and etc.