Negotiating a commercial lease is not as easy as it may seem. It doesn’t have to be totally standard as the terms are negotiable. We’ve set out the top ten things to look closely at.
While the government’s wage subsidy helped companies with staffing costs, it appears that the Government has ruled out subsidising the rents for businesses struggling to pay the rent on their commercial property. Instead, it is considering a law change to place a greater onus on landlords and tenants to negotiate a fair reduction.
If you receive a notice from your landlord notifying you of a rent increase on commercial premises, and you don’t agree with the new figure, what can you do?
We have previously discussed the tax aspects of being a host with Airbnb or other online accommodation platforms. With Airbnb’s increasing popularity, we thought a reminder would be useful if you’re an existing host about obligations to your lender, insurer and local authority.
The High Court has ordered the Minister of Finance and the Minister of Land Information to reconsider their decision to approve the purchase of the 16 Crafar farms by Milk New Zealand Holdings Limited by using a different test.
