Many have had their doors close or be so quiet as to think that they may be better off closing.

So many businesses have been impacted heavily by the Covid 19 virus.

Many have had their doors close or be so quiet as to think that they may be better off closing.

We are receiving so much news it is difficult to keep up, and we are still waiting on news about how commercial tenants will be treated.

The Small Business Commissioner has published a newsletter which can be found here : Small Business Commissioner April 2020 Newsletter.  He refers to the principles agreed by the National Cabinet.

The relief for commercial tenants has not yet been announced but the principle is that landlords and tenants should work together to find a fair solution.

I have heard that some landlords are taking an almost zero tolerance approach to non-payment of any part rent.  This is contrary to the above proposal.  Hopefully these are isolated instances and that most tenants and landlords will be able to come to a satisfactory interim solution.

The Small Business Commissioner is able to mediate disputes between landlords and tenants.

How your lease works depends on the terms of your lease.  We can also provide you with advice about your options present themselves.

More expected on this after Friday’s Cabinet Meeting.

If you have been impacted please Contact us on 8523 8400 to arrange an appointment for a no obligation consultation with one of our experienced lawyers. Alternatively, send an email to legal@rudalls.com.au.