Legal
Notice period for commercial premises
Notice periods and grounds for terminating a lease.
Retail and hospitality premises are subject to statutory grounds for termination and notice periods that protect the tenant; for other commercial premises and offices, there is much greater contractual freedom. Always explicitly specify the notice period and grounds for termination in the lease.
See also
Advice on selling or lettingFrequently asked questions about Notice period for commercial premises
What does Notice period for commercial premises mean?
Notice periods and grounds for terminating a lease.
How does Notice period for commercial premises work in commercial real estate?
Retail and hospitality premises are subject to statutory grounds for termination and notice periods that protect the tenant; for other commercial premises and offices, there is much greater contractual freedom. Always explicitly specify the notice period and grounds for termination in the lease.
Related terms in legal
ROZ model
Standard commercial lease agreement.
Zoning plan / environmental plan
Permitted use of land and buildings.
Environmental permit
Permit for construction or change of use.
Break option
Right to terminate a lease early.
Chain clause
Obligation passed on to a subsequent owner.
Right of superficies
Right to have a structure on someone else's land.
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