Tenant Services

Exercise of Options

  • We assist both Tenants and Landlords in relation to exercise of options.
  • If you are a Tenant, you must strictly exercise your option in writing within time, as required under your Lease.
  • Oral acceptance is insufficient.
  • Failure to exercise an option strictly in accordance with the requirements under the Lease in nearly all cases will result in your option being void.
  • If you are a Landlord and the Tenant is in breach on exercise of option, certain requirements must be followed if you wish to use this as grounds for refusal.
  • If the Retail Leases Act applies, we encourage tenants to reach agreement on rent prior to exercise of option. We advise tenants of their rights under the Retail Leases Act in this regard and advise on the relevant provisions and procedures as set out in the Retail Leases Act.

Testimonials

“Anthony is the consummate professional whose expertise is unparalleled in his field. He has assembled a team who exemplify his high standards. Dealing with Herro Solicitors, one can expect individualized service where the emphasis is on diligence, efficiency and practical legal advice. Anthony and his team show an empathy built up over years of experience. I would highly recommend this firm.”

Ms Liz Mimis

Former General Manager

Seduce

31 May 2010

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Level 4, 234 George St
Sydney NSW 2000 Australia
+61 2 9247 0100

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