Retail and Commercial Leasing Review
Issues covered include: Assignments, Subleases, Redevelopment and Tenant Downsizing, Disclosure: The Retail Leases Act, What’s Required, and Consequences of Getting it Wrong, Commercial and Retail Leasing Update, Retail and Commercial Leasing Market Snapshot , Relief Against Forfeiture & Options to Renew, Variation, Surrender and Termination of Leases, Strategies to Avoid or Resolve Breaches of Lease
Description
The legal issues impacting the leasing sector are ever present and you must keep up with the latest developments and strategies to succeed. Learn what you need to know about the latest cases and market trends, key disclosure issues, risks arising from forfeitures and options, and how to navigate lease breaches and termination.
Attend and earn 7 CPD units including:
6.5 units in Legal Knowledge
0.5 unit in Practice Management & Business Skills
Testimonials
“Very practical, useful advice.”
“Excellent. Succinct and informative.”
Session 1
Leasing Updates & Practical Strategies
Chair: John Lowes, Special Counsel, Shand Taylor Lawyers; Accredited Specialist in Property Law
9.00am to 9.05am Opening Comments by the Chair
9.05am to 10.05am: Assignments, Subleases, Redevelopment and Tenant Downsizing
- Redeveloping retail and commercial premises
- Understanding and planning for the risks
- Relocating existing tenants
- Tenant downsizing
- Opportunities and challenges for tenants and landlords
- Assignments and subleases
- Precise language to include in leases
- How to manage these situations when they arise
- Resolving disputes
Presented by Cameron Graham, Partner, Thynne + Macartney; Recommended Property & Real Estate and Leasing Lawyer, Doyle’s Guide 2019
10.05am to 11.05am: Disclosure: The Retail Leases Act, What’s Required, and Consequences of Getting it Wrong
- When does the Retail Leases Act apply?
- Disclosure under the Retail Leases Act: What is required and what are the consequences of non-disclosure or inadequate disclosure?
- Drafting, documentation and best practices
Presented by Heath Gleig-Scott, Partner, Mills Oakley
11.05am to 11.20am Morning Tea
11.20am to 12.20pm: Commercial and Retail Leasing Update
- Agreements for Lease
- Service stations and retail leasing
- Contamination issues
- Retail leasing: Major tenant waivers
- Holding over
- Recent cases update
Presented by Nicola Young Berryman, Senior Associate, Carter Newell Lawyers
Practice Management and Business Skills
12.20pm to 1.05pm: Retail and Commercial Leasing Market Snapshot
- Insights into current market conditions for Brisbane office, commercial and retail spaces
- The latest economic indicators and trends in rent
- Supply and vacancy data
- Analysis of the current market, possible trends to come, and the potential impact on the retail and commercial leasing space
Presented by Peter Dodd, Qld Head of Office Leasing, Cushman & Wakefield
1.05pm to 1.15pm Final Q&A and Closing Comments by the Chair
Session 2
Breaches, Forfeiture and Termination of Leases
Chair: John Nicolas, Partner, Gadens
2.00pm to 3.00pm: Relief Against Forfeiture & Options to Renew: Practical Tips and Case Update
- Proper exercise of an option, relief against failure, breaches
- Practical tips: advising your client when there has been a failure to exercise an option
- Obtaining relief against forfeiture of a lease: advice to tenants and landlords
- Case law update
Presented by Susan McNeil, Barrister, Alfred Lutwyche Chambers
3.00pm to 4.00pm: Variation, Surrender and Termination of Leases
- Variation
- When does variation to a lease constitute a surrender and re-grant of the lease?
- What are the potential implications of agreeing to variations of leases?
- How have recent cases affected the law in this area
- Surrender
- The importance of not overlooking surrender provisions when negotiating and drafting leases
- When surrender occurs: upon vacation of the space or the satisfaction of specified conditions
- The practical and legal effect of a failure to surrender in accordance with lease requirements
- Termination
- Improvements that must be removed upon expiration of the lease of earlier termination
- Potential damages in connection with termination and a failure to vacate
Presented by Charles Wilson, Barrister, Inns of Court
4.00pm to 4.15pm Afternoon Tea
4.15pm to 5.15pm: Strategies to Avoid or Resolve Breaches of Lease
- General strategies for avoiding and managing defaults
- Warning signs and important principles
- Non-payment of rent
- Lease termination and calling on bank guarantees
- The tenant and landlord perspectives: common issues that arise
- Dispute resolution: practical guidance
Prepared by John Davies, Barrister, Deane Chambers
Venue
Mercure Brisbane
Level 2, 85-87 North Quay
Brisbane 4000
QLD
Australia
Parking Information
Parking is not included in you registration. Here are some options below. Secure Parking at Mercure Hotel offers a discounted daily rate from $36 by validating tickets at Mercure Reception prior to departure. Click here to view rates .
Directions
Nearby Public Transport:Train Stations - Roma Street StationBus Interchange - George Square Bus Station