Landlord's Disclosure Statement - Retail Premises Not Located In Retail Shopping Centres - AUVICRECM020

Additions / Changes:

Title

LANDLORD’S DISCLOSURE STATEMENT – RETAIL PREMISES NOT LOCATED IN RETAIL SHOPPING CENTRES

Regulation 7(a) and 12(1)(a)

By the Landlord under Section 17(1)(a) and Section 61(5) of the Retail Leases Act 2003

This statement is to be completed by the Landlord and must be provided to the Tenant with a copy of the proposed lease at least 14 days before the signing of a new lease. If this statement and the proposed lease are provided to the Tenant less than 14 days before a new lease is entered into, the lease is taken to commence 14 days after the disclosure statement and proposed lease are given to the Tenant.

The layout of this statement does not need to be the same as the prescribed disclosure statement in the Retail Leases Regulations 20213.

It is recommended prudent that for a Tenant to obtain independent legal and financial advice before entering into a retail premises lease.

The Tenant has remedies including termination of a lease under the Retail Leases Act 2003 if information in this statement is misleading, false or materially incomplete.

Information contained in this statement is correct as at the date of this statement but may change after the date of this statement and during the term of the lease.

Additions / Changes:

NOTE

This statement is to be completed by the Landlord and must be provided to the Tenant with a copy of the proposed lease at least 7 14 days before the signing of a new lease. If this statement and the proposed lease are provided to the Tenant less than 14 days before a new lease is entered into, the lease is taken to commence 14 days after the disclosure statement and proposed lease are given to the Tenant.

The layout of this statement does not need to be the same as the prescribed disclosure statement in the Retail Leases Regulations 2013.

It is prudent for a Tenant to obtain independent legal and financial advice before entering into a retail premises lease.

The Tenant has remedies including termination of a lease under the Retail Leases Act 2003 if information in this statement is misleading, false or materially incomplete.

Information contained in this statement is correct as at the date of this statement but may change after the date of this statement and during the term of the lease.

Item 13.2

Air conditioning/temperature control:

Air conditioning maintenance                                          $...............................................................

Air conditioning operating costs                                      $...............................................................

(Note: section 52 of the Retail Leases Act 2003 provides for the landlord's liability for certain costs relating to repairs and maintenance work.)

Item 13.7

Repairs:

Repairs and maintenance                                              $.................................................................

Sinking fund for repairs and maintenance                        $.................................................................

(Note: under section 41 of the Retail Leases Act 2003, the landlord may not claim the capital costs of the building in which the premises are located)

(Note: section 52 of the Retail Leases Act 2003 provides for the landlord's liability for certain costs relating to repairs and maintenance work.)

Copyright statement updated.