A lease is a legally binding contract between you and a landlord. It allows you to occupy a shop or premises. If you intend to take a lease or have an agreement to lease, you need to know what questions to ask before signing a lease and where to look for more information.
If your landlord has imposed some harsh and unnecessary conditions in your lease you should familiarise yourself with the unconscionable conduct provisions in s. 51AC of the Trade Practices Act.
State and territory governments all have laws protecting retail lease tenants, but there are some specific differences among the states and territories.
What to do...
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- For further information on Unconscionable conduct in retail leasing contact the Australian Competition and Consumer Commission small business helpline on 1300 302 021.
- Check with your solicitor or business association if you don’t understand something in your lease.
- Find out about retail leasing in your state or territory.
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