Link to article on disclosure to WA retail tenants

  • Author : Samuel Hopper - 29-09-2011

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.

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Samuel Hopper

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