New code for fair tenancy practices
05/04/2021
Code for fair tenancy practices will take effect from 1 Jun 2021.
The code will apply to all retail premises held under a lease agreement entered into on or after June 1, with a tenure of more than one year.
It covers key tenancy terms, including who should bear the costs in preparing the lease agreement, what an acceptable rental structure is and when a landlord or tenant can terminate a lease early.
New code of conduct for tenancy agreements for retail premises; Govt backs call for new laws
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