Commercial Property Blog

The best laid plans of mice and men can go astray. Before agreeing to act as guarantor for a tenant, make sure you know what you may personally be liable for if things don’t go according to plan. The decision from the New South Wales Supreme Court in Padstow Corporation Pty Ltd v Fleming (No 3) [2013] NSWSC 24 illustrates the position you could find yourself in if a tenant breaches their lease.

If you’re operating a business within a licensed venue, don't assume that you’re covered under the Liquor Act - otherwise you might find yourself out in the cold with a business to run and nowhere to run it.