Hello All,
Whats to protect the lease for a new tenant who invests a lot of money into the fitout of a commercial premise? IE If after say the 3 year lease is up and the tenant might be doing really good, could the landlord not just refuse to renew the lease or sell the property and go for a vacant possession clause? What becomes of the poor old tenant?
Regards,
Mariner.
Whats to protect the lease for a new tenant who invests a lot of money into the fitout of a commercial premise? IE If after say the 3 year lease is up and the tenant might be doing really good, could the landlord not just refuse to renew the lease or sell the property and go for a vacant possession clause? What becomes of the poor old tenant?
Regards,
Mariner.
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