ACT Commercial Lease Disclosure Statement

This free Commercial and Retail Lease Handbook is published by the Australian Capital Territory Government as a guide to the Leases (Commercial and Retail) Act 2001.

The handbook describes:

• the rights and responsibilities of business tenants and landlords under the Act,
• which premises the Act applies to,
• procedures for lease disputes,
• what must be included in a disclosure statement,
• key money, bonds and guarantees,
• market rent reviews, options and renewals,
• turnover rent,
• outgoings,
• other lease matters.

Published in 2002 by ACT Department of Justice & Community Safety.

Lease commercial business space to tenants with this Australia Retail Premises Lease Agreement.

• The Agreement includes an option to renew, but if the tenant does not renew and continues to occupy the space after the expiry of the tenancy, the lease becomes month to month.
• The lease includes procedures for Consumer Price Index reviews and market rent reviews.
• The tenant must pay service charges for the premises and a proportionate share of outgoings for the building, as well as any GST payable on the lease or the outgoings.
• The security deposit may be paid by cheque or unconditional bank guarantee.
• The tenant is responsible for maintaining risk, public liability, workers compensation and plate glass insurance. The landlord must insure the building for full replacement value.
• The template includes a sample set of Building Rules and Regulations.
• This template is not specific to state legislation and may require changes to be legal under the laws of your state or territory.