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Hi guys my sons kitten has been missing since 530pm last night we live on hasting street west sydenham and shes only 3months old and is deaf we would really like her back if anyone has seen her it was paet of his xmas present if you find her please contact me Victoria on 0274140553 please
Commercial Leasing
The terms of a commercial lease are vastly different to that of a standard residential tenancy agreement. It would be impossible for us to outline all the terms of a typical commercial lease in this article but we outline a few of the common issues and queries which commonly … View moreCommercial Leasing
The terms of a commercial lease are vastly different to that of a standard residential tenancy agreement. It would be impossible for us to outline all the terms of a typical commercial lease in this article but we outline a few of the common issues and queries which commonly arise between both Tenant and Landlord.
Agreement to Lease
An Agreement to Lease is the initial document signed between the parties setting out the main terms of agreement between them. It is not the formal lease document. The Agreement to Lease usually requires a formal deed of lease be entered into setting out all of the terms, rights and obligations of the parties and enforcement provisions. Many clients mistakenly believe that once they have signed the Agreement to Lease, this is the formal contract. The Agreement to Lease does not contain all of the necessary provisions required to protect both parties which are contained in the full deed.
Costs
Recent revisions of the Auckland District Law Society (ADLS) commercial lease removed the ability for a Landlord to charge the Tenant for the Landlord’s legal costs for preparation of the lease documents. Each party now bears their own costs for the preparation, variation or deed recording a rent review or renewal unlike the earlier versions which made this a Tenant responsibility. The Tenant is still required to meet the Landlord’s reasonable costs in considering any request by the Tenant for the Landlord’s consent as well as the enforcement of the Landlord’s rights, remedies and powers.
Maintenance Obligations
Generally speaking a Tenant is responsible for maintaining the interior of the premises and is required to yield up the premises in a like condition as at the start of the lease. The Landlord is usually responsible for maintaining the exterior of the building and ensuring that it is weathertight. Often having a premises condition report attached to a lease when signed will avoid any possible disputes at the end of the lease. This report is very useful in situations where a Landlord has sold the premises, or the Tenant has sold the business and assigned the lease to a new Tenant.
Renewal of Lease
Often we see both the Landlord and Tenant fail to deal with subsequent renewals of the lease according to the lease terms. The standard provisions of the ADLS lease provides that where the Tenant intends to exercise its right of renewal (if one is provided) it must provide written notice to the Landlord of its intention to exercise its renewal no later than three months prior to the expiry of the current term. If a Tenant fails to provide that notice, the Landlord can terminate the lease on the final expiry date. However, if neither party take any steps the lease will revert to a month to month lease until either party terminates with one month’s notice.
Dealing with renewals correctly is important from both parties’ perspective. For the Landlord it ensures that a Tenant is locked in for a specified period of time and provides it certainty of future rental income.
From a Tenant’s perspective it provides security of site which is especially important where the location of the premises is a fundamental part of its goodwill. If a Tenant fails to properly execute or exercise its rights of renewal the value of its business could be drastically reduced.
Commercial leases can be complicated and both Landlord and Tenant are considered equal commercial parties. It is therefore important that both parties understand their obligations.
If you would like some specific advice in relation to your lease or a particular situation we suggest that you contact us and we can provide you with some further advice in this regard.
Michael is an Associate in our Property Team based in our Kaiapoi Office and can be reached on (03) 327 8159 or by email michael@corcoranfrench.co.nz
Hi Richmond Neighbors, does anyone else have no water coming through their pipes? Is the council working on our area today? Does anyone know please?
Howdy all. Here at Wasp Wipeout we thought we'd give you some information on how to deal with the wasp that most populates urban gardens - the paper wasp.
Paper wasps can be easily identified by their long, drooping back legs and laid-back, slow style of flying.
Asian, Australian and … View moreHowdy all. Here at Wasp Wipeout we thought we'd give you some information on how to deal with the wasp that most populates urban gardens - the paper wasp.
Paper wasps can be easily identified by their long, drooping back legs and laid-back, slow style of flying.
Asian, Australian and European paper wasps have gradually made their homes around our houses and fences and over the past few years and while they are useful for some unwanted bugs like the great white cabbage butterfly, unfortunately they aren't picky and have been feasting on our monarch butterfly caterpillar and other useful native bugs as well.
At Wasp Wipeout we are working hard to help raise funds to wipe out the most invasive species of wasps - the vespula (common and German) variety which inhabit a lot of our bush areas and regularly invade picnics and barbecues. To help us fight this species you can donate here
If you want to find out more about paper wasps, you can read the story and watch the video here
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Female painter looking for work!! 7 years experience with painting plastering and spraying, I have a wide range of knowledge on all types of paints and tools used for the job .excellent work ethic and a great eye for detail clean and tidy work own tools etc, i also work alongside a fantastic … View moreFemale painter looking for work!! 7 years experience with painting plastering and spraying, I have a wide range of knowledge on all types of paints and tools used for the job .excellent work ethic and a great eye for detail clean and tidy work own tools etc, i also work alongside a fantastic wallpaper hanger ,builder /handyman who also offers reasonable prices for high quality work, together we have renovated and done up a few houses of our own and have a passion for helping others turn there home into a place they love .no Job to big or small feel free to send me a message , couple of photos of some work in progress an complete , also great references your more then welcome to contact
Female painter looking for work!! 7 years experience with painting plastering and spraying, I have a wide range of knowledge on all types of paints and tools used for the job .excellent work ethic and a great eye for detail clean and tidy work own tools etc, i also work alongside a fantastic … View moreFemale painter looking for work!! 7 years experience with painting plastering and spraying, I have a wide range of knowledge on all types of paints and tools used for the job .excellent work ethic and a great eye for detail clean and tidy work own tools etc, i also work alongside a fantastic wallpaper hanger ,builder /handyman who also offers reasonable prices for high quality work, together we have renovated and done up a few houses of our own and have a passion for helping others turn there home into a place they love .no Job to big or small feel free to send me a message , couple of photos of some work in progress an complete , also great references your more then welcome to contact
My son would like to sell these 3 nerf guns and bullets. $10 for all 3. If you are interested please message or txt 0211110058
My daughter is selling 8 Holly Webb books. $10 for all 8. All in great condition. If interested please leave a message or txt me 0211110058. Thanks
A change in circumstances means I am in urgent need of a granny flat or small unit, preferably in or around Sydenham. I have an excellent renting history and keep an immaculate home. Please message me or phone 📞 0276593574
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Rain update 1pm:
Some surface flooding has led to road closures, although waters are receding with the low tide.
Stay updated at Newsline: bit.ly...
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