Nevett Ford Commercial Lawyers

Pages

Thursday, 6 April 2017

3 FAQ's from Victorian retail leasing tenants

The following are typical of the FAQs we receive from tenants: I have been given a Letter of Offer to lease retail premises by the landlord’s real estate agent.  What should I do now? Ideally, you should not sign the Letter of Offer before: conducting physical due diligence of the building structure and the landlord’s fixtures, plant and equipment contained within it.  In this regard, we recommend a building report be obtained from a qualified tradesperson.  Similarly, a suitably qualified tradesperson should inspect all...

PPSR - Audit and amend your apparent credit risk profile

The Personal Properties Securities Register (PPSR) established under the Personal Properties Securities Act 2009 (Cth) (PPSA) records security interests held by creditors over certain personal property of debtors. A consequence of registration of security interests over the assets of a debtor, is that registration may also provide an indication of the apparent credit risk of the debtor to the world at large. For example, numerous PPSR registrations over a company is likely to indicate that the company may be indebted to numerous creditors....