Find the latest commercial property news covering the New Zealand and Asia-Pacific markets.
Get New Zealand's most current commercial property news, or search our comprehensive real estate news database below for the most critical topics from investment opportunities to essential market analysis.
Looking for commercial real estate? Try our property search or connect with expert commercial real estate agents today.
Costly make good disputes can be avoided
June 19 2018 -
Uncertainty and complexity around a tenant’s make good obligations can lead to costly disputes at the end of a lease – but property experts say better processes can help tenants and landlords avoid common pitfalls. Make good clauses are written into most commercial property lease agreements. They set out a tenant’s repair, maintenance and reinstatement obligations upon a lease’s expiry, and allow the landlord to claim damages if these obligations are not met. A common requirement is for the tenant to reinstate the property to its condition at the start of the lease, which cou Read More