Land and Property Law - Case Study - Law Assignment Help

Assignment Task:

Task:

Case Study

The lease which the the lessor (landlord) and lessee (tenant) have entered into is in the form of the REINSW Commercial Lease suitable for a lease of up to 3 years duration. An uncompleted copy of this lease can easily be located on the internet. You may choose to fill in the details below on the front page if this helps you understand the lease but this is not part of your task and the lease does not have to be submitted. Only details relevant to answering the question set are included.

FACTS RELEVANT TO THE COMPLETION OF THE LEASE:
Lessor: Weilu Warehouse Holdings Pty Ltd
Lessee: Best Luxury Hire Cars Pty Ltd
Premises at : 13 Gormenghast Avenue close to the city centre. The premises are a total of 2,000 square metres and are heritage listed with substantial timberwork included in the structure. The premises are zoned for light industrial use. The premises are only permitted to be used as a luxury hire car facility with annual rent of $700 per square metre per month.

Pieck’s Groceries Pty Ltd is given license to store groceries and drinks in the area designated on the plan at C.

1. This area will be partitioned with temporary materials with staff of Pieck’s Groceries permitted to use the small roller door in the north west of the warehouse for access to area C.
2. The license may be terminated at any time on one week’s notice by Best Luxury.
3. A license fee of $700 is to payable weekly in advance to the account nominated by Best Luxury.’
Best Luxury partitioned an area of about 100 square metres in the north east of the building for the use of Pieck’s Groceries.

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