(a) a disclosure statement, which sets out the important economic and legal terms of the lease and incorporates a draft lease; and the VA government has introduced the Commercial Tenancies (COVID-19 Response) Act 2020 and its rules contain a new code of conduct to help commercial tenants and landlords enter into rental agreements during the COVID-19 coronavirus pandemic. For more information, see Commercial Rentals – Response to COVID-19 The law regulates retail leases between landlords and tenants and describes some of their rights and obligations with respect to their rental agreement. An application to establish that there are bona fide commercial grounds for inconsistency, in accordance with Section 13A(1)(a) of the Act. The rental thread provides information to retail/commercial tenants who are covered by the law to help them understand their rights and obligations. The State Administrative Court is responsible for providing mediation service and resolving disputes regarding retail and commercial property rental cases, telephone: 9219 3111 It is important to obtain legal and financial advice on your specific circumstances in order to ensure that the rents you pay or claim are commercial and market-based. The following information is not a complete notice of the law or a replacement for a notice. However, it is important that all parties involved in retail leasing, such as tenants, property owners and commercial property managers, are aware of these laws. The Consumer Protection Advice Line can advise you on the guidelines, contents and verification aspects of retail and commercial sales legislation. The SBDC can provide general advice on commercial rentals.
The law has been amended in recent years and entered into force on 1 January 2013. All of these changes do not apply to leases entered into before that date. We have created a series of commercial leasing publications to answer frequently asked questions about the law, which have been concluded specifically for lease agreements concluded before and after January 1, 2013. To which cases does this law apply? The law focuses on retail trade; However, rental contracts for certain non-businesses, such as.B. shopping mall businesses and other specific businesses, are also covered by the law. The law generally applies to contracts for the rental of premises with an area of 1000 m2 or less and is used for the exercise of a commercial activity and is located in a retail shopping centre (a group of premises of which 5 or more are used for the sale of goods by the retail trade or by a given enterprise); not in a retail shopping centre, but which are used (or used primarily) for the sale of goods by the retail trade; or used to perform a « specific activity ». The rules define what is considered a « specified establishment » on January 1, 2013, i.e., dry cleaning; hairdresser; cosmetic surgery and treatments; Shoe repair (which may include key cuts and engravings); and the sale or rental of videotapes, DVDs, electronic games and other similar entertainment. The law allows to tax certain retail businesses with a rentable area of more than 1000 m2, as they are also covered by the law. .