Written by Jodie Masson and Ben Malone on September 14, 2016
Landlords and leasing agents with Queensland retail property must act now to avoid unintended losses as sweeping retail lease legislation reforms will soon become law in that State on 25 November 2016.
Following a lengthy review of the current scheme, significant changes to the Retail Shop Leases Act 1994 (QLD) (RL Act) have been passed by the Queensland parliament and represent a significant departure from the status quo. Some of the changes include:
The table below shows how some of the ‘big ticket’ changes in Queensland stack up against the similar retail lease laws across Australia. For those with national portfolios, it is important to understand that there are still significant differences across the Australian jurisdictions.
Landlords and managing agents will need to ensure that their standard lease documents, heads of agreements and disclosure statements are updated so as to be compliant with the changes to the RL Act. This should be done as soon as possible given the imminent commencement of the changes. Failure to do so may void parts of the lease or have substantial consequences (eg tenant termination rights that would not have existed before).
Tenants should also take note of the new rights afforded to them under the RL Act, which on the whole seek to largely improve the transparency in the relationship between the parties.
Disclaimer: This article is intended to provide commentary and general information. It should not be relied upon as legal advice. Formal legal advice should be sought having regard to any particular facts or circumstances.
Sincere thanks to our wonderful clients and hard-working team for supporting our inclusion in the Legal 500 (Asia Pacific) Guide as a leading firm in Real Estate for 2023
The Legal 500 has been analysing law firm capabilities across the world for more than 3 decades in over 150 jurisdictions. Their research is based on: “feedback from 300,000 clients worldwide, submissions from law firms and interviews with leading private practice lawyers, and a team of researchers who have unrivalled experience in the legal market.” – https://www.legal500.com/about-us/
February 10, 2023
We are delighted that Massons has been selected as an “Excellence Awardee” in the category of “Boutique Firm of the Year” at the 2022 Australasian Law Awards.
Thank you to all of our wonderful clients who have supported our nomination in this category, and to our amazing lawyers and support staff for making this possible!
Wishing all the other Awardees the best of luck and looking forward to the Gala Dinner. A night out with our team is always cause for celebration – win, lose or draw!!
March 23, 2022
We are excited about our inclusion in Doyle’s Guide for 2022 for NSW in the following categories:
Massons – Leading Property & Real Estate Law Firms
Jodie Masson – Leading Property & Real Estate Lawyers and Leading Leasing Lawyers
Leisha de Aboitiz – Leading Property & Real Estate Lawyers and Leading Leasing Lawyers
Ben Malone – Property & Real Estate Law Rising Stars
Thank you to all of our peers and wonderful clients who have helped to achieve this recognition.
March 14, 2022
February 28, 2022
We are excited to announce the appointment of Alex Ho as a Senior Associate at Massons. Alex started with us as a paralegal and has achieved this milestone in record time due to his hard work, his ability to develop and sustain fantastic relationships with clients, his engagement in constantly seeking to improve himself and others in equal measure, and his absolutely infectious enthusiasm. We couldn’t be prouder! Congratulations Alex!
January 5, 2022
December 8, 2021