An option clause is a term in a commercial lease that allows a tenant to renew their lease at the end of the original lease period if they meet certain conditions. Landlords are not obliged to offer a renewal option. However, it is often in the interests of both...Read More
Identifying and understanding easements in a property transaction is an important part of the conveyancing process. Vendors are required to disclose all easements affecting the land they propose to sell in a property contract, and buyers should ensure they are aware...Read More