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Document Id : 5886
File Type : Microsoft Word
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Australia Retail Premises Lease
If you own or manage commercial rental properties in Australia, lease out your space to tenants with this Retail Premises Lease Agreement.
- Renewal. The Agreement includes an option to renew, but if the tenant does not renew and continues to occupy the space after the expiry of the tenancy, the lease becomes month to month.
- Rent Review.The lease includes procedures for Consumer Price Index reviews and market rent reviews.
- Charges and Outgoings. The tenant must pay service charges for the premises and a proportionate share of outgoings for the building, as well as any GST payable on the lease or the outgoings.
- Deposit. The security deposit may be paid by cheque or unconditional bank guarantee.
- Insurance. The tenant is responsible for maintaining risk, public liability, workers compensation and plate glass insurance. The landlord must insure the building for full replacement value.
- The template includes a sample set of Building Rules and Regulations.
- Not State Specific. This template is not specific to state or territorial legislation.
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