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ARTICLE · 16 MARCH 2016

Key differences between retail and commercial leases

There are substantial differences between retail and commercial leases that landlords and tenants ought to be aware of.

AustraliaReal Estate and Construction

Key differences between retail and commercial leases

There are substantial differences between retail and commercial leases that both landlords and tenants ought to be aware of. It is important for businesses not to fall into the trap of thinking that both leasing arrangements protect the same rights and impose the same obligations.

Here are some key differences that you should consider before entering any lease:

Commercial Leases Retail Leases

At present there is no set legislation that governs commercial leases. 

Retail leases are governed by the Retail Leases Act 1994.

Leases of this nature can vary in duration and are often a point of negotiation between the parties.

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