Link to article on disclosure to WA retail tenants

September 29, 2011

Property / leasing

Here is a link to an article reporting that the WA Parliament is debating the introduction of mandatory disclosure requirements to prospective retail tenants.

The article suggests that landlords in WA require tenants to disclose their turnover figures and that landlords may be obliged under the proposed legislation to disclose rents (presumably for comparable premises) during negotiations.

I am not aware of any similar obligation under Victorian legislation.  However, there seems to be no reason why sufficient information could not be obtained from an appropriately qualified valuer.

About Sam Hopper

Sam is a property and insolvency barrister.

View all posts by Sam Hopper

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