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ARTICLE · 25 MAY 2021

Valuer and retail leases update - COVID-19 update

In the last year there have been numerous decisions concerning the rent relief to be provided to tenants.

AustraliaReal Estate and Construction

In Brief

There have been numerous decisions concerning the rent relief to be provided to tenants over the 12 months ending 28 March 2021. Two decisions stand out in particular and potentially provide relief for tenants who are alleged not to have provided a compliant rent relief request, or could not operate their business last year during the lockdowns. The two VCAT decisions are Yarraville Business v Persico (Building and Property) [2021] VCAT 213 and R&D Health Clubs Pty Ltd v Lin Wang Pty Ltd (Building and Property) [2021]VCAT 349.

What you need to know

For landlords, do not seek to terminate a lease without legal advice. If a landlord wrongfully terminates a lease for non-payment of rent last year, the landlord could be liable for damages representing the tenant's loss of profit and damage to goodwill.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Madgwicks is a member of Meritas, one of the world's largest law firm alliances.

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