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security for leases

Security for Leases – 3 Most Common Forms

What is a Security? Landlords typically ask for payment of ‘security’ when you first enter your lease. The security is an amount – usually 4 or more weeks’ rent – to cover any extra expenses should you break the terms of the lease agreement. For example, if the property is unreasonably dirty when you leave,… Read More

personal-liability for company directors

Personal Liability for Company Directors

A company is an association incorporated under the Corporations Act 2001 (Cth) (the ‘Act’). Incorporation gives the company a separate entity, distinct from its directors and shareholders. The company can enter into contracts, sue others, and be sued in its own right. The Australian Investment and Securities Commission (ASIC) is the Government body authorised to… Read More

Restraint of Trade Clauses

How Effective Are Your Post Employment Restraints?

Significant damage can be done to a business when an executive or senior manager resigns, taking with them valuable customers and confidential information. Restraint of trade clauses, or post-employment restraints, play a crucial role in protecting the legitimate interests of the employers when senior employees resign. In order to protect business interests, employment contracts should… Read More

image of woman looking sadly out the window, blog about de facto relationships

Breakdown of De Facto Relationships

Like the breakdown of a marriage, the breakdown of a de facto relationship may require court involvement to settle financial and/or parenting disputes. This is a prominent concern considering how 10.4% of the Australian population were registered as being in a de facto relationship in 2016. When making a property settlement order in a de… Read More

5 Things You Need to Check Before Signing a Business Lease

5 Things You Need to Check Before Signing a Business Lease

Below are five things you should do before signing a business lease. 1.  Factor in rent payments As a tenant, you are required to pay an amount – often referred to as your rent – for occupying the premises. This amount is usually paid to your landlord or managing agent each month. Calculate how this… Read More