For tenants and landlords
In order to deliver better outcomes for small businesses in NSW, the Retail Tenancy Unit has now become part of the NSW Small Business Commissioner's Dispute Resolution Unit. The Dispute Resolution Unit provides information and strategic advice about any small business dispute, whether retail or commercial leasing, business to business, or business to government.
A lease is at the centre of the relationship between a landlord and a tenant of a retail shop. Entering into a lease is a huge commitment. These contracts are often for 5 years and may run up to 25 years. As with many business deals, things do not always go to plan. As well as the payment of monthly rent, you need to understand your rights and responsibilities as a tenant or landlord under the Retail Leases Act 1994. Below is a list of documents, the Small Business Info Kit, which explains this for you.