Conveyancing and Property

Commercial Tenancy Relief Scheme

The Victorian Government has announced the reintroduction of Commercial Tenancy Relief Scheme for commercial Tenants and Landlords addressing the effects of Coronavirus lockdowns and making it a requirement for Landlords to provide relief to Tenants affected by Coronavirus. The legislation will soon be passed and be dated from 28 July 2021 to ensure rent relief …

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Rental Tenancy Act changes – Significant effects on buying and selling properties

Buying and Selling a Rental Property From 29 March 2021 changes to the Rental Tenancy Act (Act) have had impacts for when Rental Providers are selling their rental properties and purchasers intending for a property they are purchasing to be rented after settlement. The changes in the Act do not apply to existing rental agreements …

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New Landlord and Tenant Regulations

Victoria’s emergency pandemic commercial leasing regulations came into effect as from 1 May 2020, bringing into law the Federal Cabinet’s commercial leasing Code with some exceptions and additions. The COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Vic) (Regulations) apply from 29 March 2020 to 29 September 2020 granting a right to rent …

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Mandatory Code of Conduct on Commercial Leasing

The Australian Government on 7 April 2020 released a mandatory code of conduct (Code) which has been deemed to take effect from 3 April 2020 requiring commercial rents to be reduced by the same proportion that the tenant’s revenue has fallen for the period during which the Commonwealth JobKeeper program remains operational.

 

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