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Case Update: Late Exercise of an Option to Renew | Matthews Folbigg ...

www.matthewsfolbigg.com.au
APF Properties Pty Ltd v Robinson Investment Capital Pty Ltd [2013] TASSC 59. Supreme Court of Tasmania. Tenants who are late in exercising their option to renew are usually unable to seek remedy in continuing the lease. However, in an unusual case a tenant was able to use the Australian Consumer Law to succeed in ...

The Option to Renew a Retail Lease: Conditions Must be Strictly ...

www.tresscox.com.au
In Piazza Trevi v Cromewell BT Pty Ltd [2017] NSWSC 794, Piazza Trevi (the Lessee) failed to exercise their option to renew their retail lease by the required date specified on the lease agreement. The Lessee argued that the Disclosure Statement operated to change the deadline date for exercise of the ...

Are options to renew or options to break the lease better for SDLT ...

www.bristows.com
The impact of this can be seen when you compare the example of a 10 year lease with an option to break after 5 years with a 5 year lease with an option to renew for a further 5 years. The longer lease will be treated as a 10 year lease and the full 10 years rent will be taken into account when calculating the ...

How easy is it for your landlord to deny your right to exercise an option?

www.colemangreig.com.au
The leases that I read will usually say that a tenant's right to exercise an option to renew is conditional upon them not being in breach of their lease – at either the date of exercise of option or in some cases throughout the term of the lease. Landlords sometimes rely on such provisions to deny otherwise valid exercises of ...
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