Challenging retail conditions are leading to a period of reinvention in the leasing space.

Newly vacant spaces are allowing both landlords and tenants to experiment with more service-based stores as well as pop-up concepts.

But despite this, landlords and tenants are still entering into leasing agreements.

This cheat sheet explains a number of key clauses and gives practical tips to help avoid disputes, including:

  • Notifying the tenant of any intended works
  • Limiting the scope of clawback clauses
  • Notifying the tenant that the bank guarantee is irrevocable
  • Negotiating a higher bank guarantee
  • Introducing guidelines to collect information from a new tenant efficiently

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LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 50,000 businesses. The firm was awarded NewLaw Firm of the Year at the Australian Law Awards and named fastest growing law firm in APAC by the Financial Times.

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