The How & Why of Rent Reviews (WCPT377) - 1 Point 
Description
This is 1 point elective session is focussed on the basics of Commercial Tenancies (Retail Shops) Agreements Act – presented as an intro for residential salespeople.
When selling commercial property there is an additional layer of knowledge required, specifically in relation to any existing or future lease on the property and the impact and relevance of the Commercial Tenancy (Retail Shops) Agreements Act 1985 on the sale.
You will learn:
- That unlike in residential property there is not an Act that applies universally to all commercial leases.
- That many commercial leases do not have legislation determining any of the rights and obligations of the parties.
- Which lease does the Act apply to?
- ABout the Form 1 Disclosure Statement
- Further Disclosure Requirements – Code of Conduct
- About allowable use in Commercial tenancies
- About the complexity of Commercial Leases
- The Commercial Offer & Acceptance
Round out your real estate education with some commercial tenancy knowledge. This session serves as an introduction to the complexities of commercial real estate. Enrol now!
