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 Herro is a pure professional. He is determined and strong-willed. He takes on every case with gusto and always aims to achieve the best results for his client. We have used Anthony Herro's services for both business and personal matters for over the last 10 years, and we have always been more than satisfied with his advice and he can always be counted on to achieve the best outcome. I recommend Anthony Herro without reservation.”

Mr Joseph Somma & Ms Anna Head

Otto Design Interiors

31 May 2010

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

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