Quest Legal Principal, Juan Perez and Mark Calleja (Director of Mark Calleja Accountants) have prepared a short video discussing the new Code of Conduct for commercial and retail leases which imposes a set of “good faith” leasing principles between landlords and tenants.
Commercial and retail tenancies have been a hot topic for the past two months. When the Federal Government issued lockdown procedures in March 2020, many businesses were forced to close their store fronts or have seen a drastic downturn in foot traffic. Since this date both landlords and tenants have been eagerly awaiting legislative changes to provide clarity on how to manage their leases.
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